Over the past decade, globalisation and digitalisation have significantly increased cross-border transactions – including the movement of goods, services, intangibles and talent. This growing integration and interaction between countries with differing tax systems has heightened the risk of profit shifting from high-cost to low-cost jurisdictions and tax base erosion, affecting governments, businesses, and individuals alike.

In response, the OECD issued the Base Erosion and Profit Shifting (BEPS) 1.0 in 2013, supported by 15 Action Plans to curb tax avoidance, and ensure profits are taxed where economic activities occur. Building on this foundation, the BEPS 2.0 was introduced in 2021, structured around 2 key Pillars which aimed to stabilise the global tax framework and improve transparency. 

This lunch talk will revisit key principles of BEPS 1.0 and 2.0, and delve into the practical implications for multinational enterprises (MNEs), including how MNEs can navigate local and global compliance obligations, enhance transparency and consistency in intercompany transactions, and manage increased regulatory scrutiny and audits to mitigate the risk of penalties and double taxation.

Key Takeaways: 

• What MNEs should monitor in different jurisdictions, especially low-cost ones — and how to manage uncertainty and compliance obligations emanating from BEPS 1.0 and 2.0 across different tax landscapes
• What boards and investors need to know about Pillar Two exposure — and how tax strategy is increasingly tied to overall tax planning, compliance, governance and financial reporting.

Programme Outline

Time		Programme
12:00pm	12:25pm	Registration and Networking
12:25pm	12:30pm	Welcome by ISCA
12:30pm	1:15pm	Topic: BEPS 1.0 and 2.0 – Key Transfer Pricing Implications for MNEs Speaker: Sahil Seth (Director Transfer Pricing) from PKF-CAP Tax Solutions Pte Ltd
1:15pm	1:30pm	Q&A Session
1.30pm		End

Intended For

All

Programme Facilitator(s)