With transfer pricing (TP) being the talk of the town, there is no time like the present to build up an arsenal of knowledge to power through TP documentation.
In this session of Tax Excellence Decoded organised by Singapore Institute of Accredited Tax Professionals (SIATP), participants geared themselves to manoeuvre through the ins-and-outs of TP documentation. This was done with the help of Adriana Calderon, Director at Transfer Pricing Solutions Asia, who delved into the nitty-gritties of the subject.
Ms Calderon demolished misconceptions on the arm’s length principle and hammered home the importance of TP documentation. Participants learnt how to lay down the columns and beams of a sturdy TP documentation and armed themselves with tips and tricks on navigating the rigorous TP documentation requirements in Singapore. Guiding examples reinforced the learning and provided participants with clarity on ways to steel against pitfalls and risks for a fool-proof blueprint.
At the end of the session, participants walked away enlightened and expert builders capable of constructing the proper documentation for their organisation’s TP matters.