Understanding Regional Transfer Pricing (POSTPONED)



  1. INTRODUCTION

A majority of the world’s cross-border movement of goods and services now occurs through affiliated or related entities.  This has brought with it a multitude of tax and transfer pricing concerns. 

Increasingly, there has been a renewed focus by governments and world organizations such as the Organisation of Economic and Cooperative Development (“OECD”) on transfer pricing and cross-border tax strategies which have eroded profits for many jurisdictions.  This project, known as Base Erosion and Profit Shifting (“BEPS”), led to the finalization of 15 Action Plans that outlined global solutions to tax planning and transfer pricing strategies through the multilateral engagement with local governments.

At the country level, pressure to increase individual country’s tax revenues is on the rise, which has led to increased local tax authority scrutiny on transfer pricing practices adopted by multinational enterprises globally. Although transfer pricing rules and legislation have been in place for several years in most economies, tax authorities are now applying them with greater confidence and sophistication.

As companies are looking to emerging markets in ASEAN for expansion, it is critical to design the appropriate transfer pricing policies.  This workshop will give you a practical understanding of the recent global and regional transfer pricing developments and how to develop and substantiate a transfer pricing policy to address regional transfer pricing risks. 

Areas covered include:

Part 1:  Pricing related party transactions

In this section, we will discuss the various related party transactions typically entered into by multinational corporations, and how these related party transactions should be priced.

Part 2:  Regional updates on transfer pricing

In this section, we will first discuss the key global updates from a transfer pricing perspective.  This is important as most regional tax authorities are in the process of implementing these global initiatives.  We will discuss the nuances of the transfer pricing regime in Malaysia, Indonesia, Vietnam, Thailand, and Philippines. 

2.        WORKSHOP OUTLINE

        Part 1: Pricing related party transactions

        2.1     Introduction to transfer pricing

  • Overview of transfer pricing
  • Recent transfer pricing trends
  • Global transfer pricing developments
  •  
  • 2.2     Inter-Company Transactions And Transfer Pricing
  • Review of various inter-company transactions:
  • Tangible goods
  • Services
  • Inter-company financing
  • Intangible Property
  • Suggested transfer pricing approaches / methods for each inter-company transaction
  • Key issues for each inter-company transaction
  •  
  • Part 2:  Global and regional updates on transfer pricing
  •  
  • 2.3     Update on the BEPS project

  • Discuss objective of BEPS and key deliverables from BEPS project
  • Evaluate impact on multinational companies
  • Understand revised transfer pricing documentation guidelines


        2.4     
Regional updates

  • Understand the transfer pricing regime across various countries in the Asia Pacific region
  • Discuss key transfer pricing trends at the regional level


Target Audience

CEOs, COOs, CFOs, Directors, Tax Managers/Professionals, Financial Controllers / Finance Directors / Managers / Accountants and those Involved In Corporate Tax Planning

*Programme is accurate at the time of print

TRAINER'S INFORMATION:
Sowmya is considered a global and regional expert on transfer pricing planning, compliance and defense.  Having been trained in the United States with PricewaterhouseCoopers, Sowmya now applies her transfer pricing training to transfer pricing issues in the Asia Pacific region. 
Sowmya is an economist with Ph.d in Economics from Cornell University and more than 12 years of transfer pricing consulting experience.

*Programme is accurate at the time of print

Day/Date: 27 June 2019, Thur
Time: 9:00am - 5:00pm
Fee per pax (incl. GST): S$450.00 (Member )  |  S$550.00 (Non-Member)
Venue : 160 Robinson Road, SBF Center, #06-01, Singapore 068914 

For more information, please contact:
Email: josephine.ong@sbf.org.sg (ATTN: Ms. Josephine Ong)
Call: 6701 1135


Please email to josephine.ong@sbf.org.sg to reserve a seat, this will be followed by a confirmation email. 

Upon confirmation, please prepare a cheque to SBF (refer to address on above letterhead). 
Cheque should be made payable to “Singapore Business Federation”. Please indicate the Ref No. and company’s name, participant’s name at the back of the cheque.

  • Registration is on a first-come-first-served basis. No cancellation will be allowed upon registration, but attendance by a replacement delegate from your company is allowed. We regret that no refund and full fees will be charged for cancellation or non-attendance.
  • Confirmation of your registration will be emailed to your company upon receipt of full payment.

NOTE:  As a precautionary measure, our advice is for members who are unwell not to attend the session.

DISCLAIMER
All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these event. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your particular situation, please inform our staff.

When
6/27/2019 9:00 AM - 5:00 PM

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