New TP Reporting Requirements for Related Party Transactions
Are you prepared?
|16 July 2020|
The IRAS will be introducing a new form for reporting related party transactions for companies from Year of Assessment 2018. What does this mean for your company?
This seminar is designed to share practical knowledge about how to complete the new form for reporting related party transactions and strategies to minimise risks with the disclosures. You will learn:
Overview of the new related party transaction form
Strategies to minimise TP risks
Lecture style, with Case Studies and examples. Participants can actively contribute and submit questions before the seminar.
The Institute of Singapore Chartered Accountants is consistently working on the issue and has teamed up with Adriana Calderon, Director of Transfer Pricing Solutions Asia. Together, we initiated a discussion on how you can manage your transfer pricing exposure.
|DATE||: Thursday 16 July 2020|
|TIME||: 9:00am - 12:30pm|
|VENUE||: Online. Register here:|
: $199.02 (Association Member)
: $237.54 (Non-Member)
|CLOSING DATE||: Thursday 9 July 2020 (unless fully booked prior)|
The class is designed as a platform to share practical knowledge through real life case studies. Save yourself a seat (or two) for the latest transfer pricing development in leading Asian countries! Know who you’re dealing with, their expectations, and how you can prepare yourself for tax reviews and audits. Special discount applies to members of ISCA.
Read more about the event and REGISTER
Adriana Calderon has extensive international experience with Big Four and mid-tier firms advising
multinational companies in the areas of corporate and international taxation across South America, the US, Australia and the Asia
Pacific Region. In Asia Pacific, Adriana has specialised in the area of TP, building on her Latin American experience as a lawyer in
commercial and tax legislation.
Adriana also enjoys teaching and has been involved in various TP seminars and workshops. Besides being a TP trainer at the Institute of Singapore Chartered Accountants, Adriana has also facilitated in training sessions for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.
*Asia Tax Awards 2017 by International Tax Review
The OECD guidance emphasised that, besides interest rates, all terms and conditions of the financing transactions (including the volume of debt) should be tested against the arm’s length principle.
Are your controlled transactions in line with the transfer pricing legislation? Mistakes in pricing will roll over from year to year. It is crucial to identify mispricing as soon as possible to better manager the transfer pricing risk.
A US multinational company with subsidiaries around the world, including Singapore, recently prepared new US transfer pricing documentation.
The company applies their transfer pricing policies on a global basis. The US tax director instructs the Singapore tax director to use this documentation. Is the US documentation acceptable in Singapore?