Programme Objective
 
The IRAS has introduced a new form for reporting related party transactions for companies from Year of Assessment 2018. What does this mean for your company?
 
This seminar is designed to share practical knowledge about how to complete the new form for reporting related party transactions and strategies to minimise risks with the disclosures.

You will learn:

• How to complete the form
• How is the IRAS going to use the information
• Tips on accurate disclosure of information
• How to avoid unnecessary mistakes that can lead to transfer pricing reviews/audits
• Responsibility of the authorised person who signs the form

Programme Outline

 
Overview of the new related party transaction form

• What is it and why should companies care?
• How to complete the form
• Red flag questions and how to minimise TP risks

Strategies to minimise TP risks

• How is the IRAS going to use the information
• Tips to avoid unnecessary mistakes and TP reviews/audits
• Role of TP documentation
• Responsibility of authorised person who signs the form

 
Training Methodology
 
Lecture style, with Case Studies and examples. Participants can actively contribute and submit questions before the seminar.
 
Closing Date for Registration
 
1 week before programme or until full enrolment

Intended For

Basic to an intermediate level program. The program is suitable for professionals involved in tax, transfer pricing or cross-border taxation including: CFOs, financial controllers, senior tax managers, accountants/auditors and finance professionals who are advising or are in-charge of tax or transfer pricing strategy or have responsibility for implementing and managing tax or transfer pricing risks as part of their roles.

Programme Facilitator(s)