Gain practical tips and know the blindspots in this “high risk” area
The on-going international debate on transfer pricing (TP), the varied pace and scope of adoption of TP rules by countries, the increased focus on TP by tax authorities and the growing extensiveness of TP audits have all contributed to sleepless nights of TP professionals around the world. Companies engaging in intercompany transactions have no choice but to keep up with the constantly changing landscape to ensure compliance with TP regulations in each country.
Join Ms Adriana Calderon, Director at Transfer Pricing Solutions Asia, as she dissects the unique requirements of TP documentation for countries around the region and provides practical tips in dealing with these tax authorities with very different level of experience and sophistication in administering TP.
Gain insights as Adriana ‘joins the dots’ using case studies and highlights the key considerations that businesses should take note of.
The Institute of Singapore Chartered Accountants is consistently working on the issue and has teamed up with Ms Adriana Calderon, Director of Transfer Pricing Solutions Asia. 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.
Closing Date for Registration - 16 August 2019, Friday before programme or until full enrolment.
Read more about the event and REGISTER NOW!
For enquiries, please visit www.siatp.org.sg/events, contact Kelvin at 6597 5719 / Wan Zhen at 6597 5717 or email to firstname.lastname@example.org.
Singapore is often a preferred location for setting up headquarters as the door to conduct business in Asia. The IRAS has released its views on how Singapore HQ's should plan and implement their transfer pricing framework. Want to know more? Read our article with our views on IRAS TP Guidelines for Singapore HQs.
The Malaysian Finance Bill 2020 incorporates transfer pricing-related changes to the current Income Tax Act, 1967 (“ITA”). The changes permit significantly greater authority to the Malaysia Inland Revenue Board (“MIRB”) and re-emphasises the importance of transfer pricing compliance, with effect from 1 January 2021.
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.