Zoom in on Services Transactions
Know the key areas and issues to get your Transfer Pricing right in this area!
The myth that using the “cost plus 5% mark-up” practice for any intra-group service transaction makes an organisation compliant with transfer pricing (TP) regulations runs deep and is widely followed but is ultimately erroneous.
This live WEBINAR facilitated by Adriana Calderon, Director at Transfer Pricing Solutions Asia, will bust this myth and cut to the core of services transactions to highlight the practical key areas, blind spots and TP complexities.
In 60 minutes followed by a Q&A for tax professionals to exchange perspectives, participants will walk away with an understanding of
the practical issues to note in services transactions to minimise risk in this area.
|DATE||: Thursday, 28 May 2020|
: 2:30 - 3:15pm and 3:30 - 4:15pm
(Tech check from 2:15pm)
|VENUE||: Online. Register here: https://www.siatp.org.sg/EventDetail?id=278|
|DURATION||: 1.25 CPE hours|
: $ 88 (SIATP/ISCA Member)
$128 (Association Member/Transfer Pricing Solutions’ Client)
|CLOSING DATE||: Thursday, 21 May 2020 (unless fully booked prior)|
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?