Note: This course is previously known as TAX196v: TP Documentation and Benchmarking Analysis - How to get it right? (Live Webinar)
Programme Objective
Effective transfer pricing documentation and benchmarking analysis are essential for managing and mitigating transfer pricing risks in today's complex tax landscape. However, the practical implementation of these concepts often presents challenges that differ from theoretical understanding.
By bridging the gap between theory and practice, this workshop will provide participants with the knowledge and skills necessary to confidently navigate the intricacies of transfer pricing documentation and benchmarking analysis, enabling them to effectively defend their transfer pricing practices against scrutiny from tax authorities.
This seminar is designed to share practical knowledge through real life case studies about key aspects of managing transfer pricing risks. You will learn:
- Practical solutions for testing related party transactions, including services, buy/sell transactions, and intercompany loans, with the aid of case
- How to ensure that your documentation and benchmarking analysis are robust and 'bullet-proof,' minimizing the risk of disputes with tax authorities.
- Acquire practical tips for mitigating risks associated with benchmarking analysis to ensure accuracy and compliance.
- Explore examples of correct implementation of benchmarking results and learn from real-world cases where implementation has gone wrong.
Programme Outline
Morning session- Refresher covering key principles of preparing documentation
- The importance of functional analysis and characterisation of transactions
- Common mistakes in the preparation of functional analyses and how to get it right
- Principles and rationale for economic and benchmarking analysis
- Alternatives available for testing related party transactions, are databases the only option?
- Are searches and benchmarking analysis always required? How to identify exceptions?
Afternoon Session- Hands on case study using databases
- How to test:
- service transactions
- buy/sell transactions
- intercompany loans
- Do and don’t’s when testing related party transactions
- How to identify ‘blind spots’ and key tips to minimise risks related to benchmarking analysis
- How to implement the results of benchmarking analysis
- Examples of how the implementation can go wrong.
Training MethodologyLecture 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
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 are responsible for implementing and managing tax or transfer pricing risks as part of their roles.
Competency Mapping
Others = 7.00 Hours
Schedule & Fees
Date & Time
27 Sep 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)
For Members:
$ 381.50
For Non-Members:
$ 458.89
Programme Facilitator(s)
Adriana Calderon
Venue
Live Webinar in or outside of
Singapore
Testimonial
Funding
1] NTUC Union Training Assistance Programme (UTAP)
NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2025.
*Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This excludes material fees, registration fees, misc. fees etc.
This course is approved for UTAP support for intakes conducted between 08 February 2024 – 31 March 2025.
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.
- Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
- Course by training provider must be supported under UTAP and training must commence within the supported period and;
- Unfunded course fee must not be fully sponsored by company or other types of funding
- Unfunded course fee must be S$20.00 and above, and;
- Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
- UTAP application must be made within 6 months after course ends.
For more information on UTAP Funding and to submit for UTAP claims, please visit https://www.ntuc.org.sg/uportal/programmes/union-training-assistance-programme. Terms and conditions apply.
Programme Facilitator(s)
.png)
Adriana Calderon
(LLB, M.Int.Tax., Dip.Acc)
Adriana is the co-founder of Transfer Pricing Solutions Asia. She 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. As a Transfer Pricing practitioner, Adriana has advised companies in the Asia Pacific Region across various industries and in a wide range of projects associated with planning, compliance and dispute resolutions with tax authorities. She has also participated in specialised projects involving pricing of financial transactions, business restructures and negotiation of APAs. Most recently, she has participated in transfer pricing planning projects to implement BEPS’s Action Plan and country-by-country reporting.
Adriana also enjoys teaching and is a regular speaker and facilitator of Transfer Pricing seminars and workshops. She is a transfer pricing trainer for the Institute of Singapore Chartered Accountants and Singapore Institute of Accredited Tax Professionals. Adriana has also facilitated training sessions for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.
Note: This course is previously known as TAX196v: TP Documentation and Benchmarking Analysis - How to get it right? (Live Webinar)
Programme Objective
Effective transfer pricing documentation and benchmarking analysis are essential for managing and mitigating transfer pricing risks in today's complex tax landscape. However, the practical implementation of these concepts often presents challenges that differ from theoretical understanding.
By bridging the gap between theory and practice, this workshop will provide participants with the knowledge and skills necessary to confidently navigate the intricacies of transfer pricing documentation and benchmarking analysis, enabling them to effectively defend their transfer pricing practices against scrutiny from tax authorities.
This seminar is designed to share practical knowledge through real life case studies about key aspects of managing transfer pricing risks. You will learn:
- Practical solutions for testing related party transactions, including services, buy/sell transactions, and intercompany loans, with the aid of case
- How to ensure that your documentation and benchmarking analysis are robust and 'bullet-proof,' minimizing the risk of disputes with tax authorities.
- Acquire practical tips for mitigating risks associated with benchmarking analysis to ensure accuracy and compliance.
- Explore examples of correct implementation of benchmarking results and learn from real-world cases where implementation has gone wrong.
Programme Outline
Morning session- Refresher covering key principles of preparing documentation
- The importance of functional analysis and characterisation of transactions
- Common mistakes in the preparation of functional analyses and how to get it right
- Principles and rationale for economic and benchmarking analysis
- Alternatives available for testing related party transactions, are databases the only option?
- Are searches and benchmarking analysis always required? How to identify exceptions?
Afternoon Session- Hands on case study using databases
- How to test:
- service transactions
- buy/sell transactions
- intercompany loans
- Do and don’t’s when testing related party transactions
- How to identify ‘blind spots’ and key tips to minimise risks related to benchmarking analysis
- How to implement the results of benchmarking analysis
- Examples of how the implementation can go wrong.
Training MethodologyLecture 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
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 are responsible for implementing and managing tax or transfer pricing risks as part of their roles.
Competency Mapping
Others = 7.00 Hours
Programme Facilitator(s)
Adriana Calderon
(LLB, M.Int.Tax., Dip.Acc)
Adriana is the co-founder of Transfer Pricing Solutions Asia. She 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. As a Transfer Pricing practitioner, Adriana has advised companies in the Asia Pacific Region across various industries and in a wide range of projects associated with planning, compliance and dispute resolutions with tax authorities. She has also participated in specialised projects involving pricing of financial transactions, business restructures and negotiation of APAs. Most recently, she has participated in transfer pricing planning projects to implement BEPS’s Action Plan and country-by-country reporting.
Adriana also enjoys teaching and is a regular speaker and facilitator of Transfer Pricing seminars and workshops. She is a transfer pricing trainer for the Institute of Singapore Chartered Accountants and Singapore Institute of Accredited Tax Professionals. Adriana has also facilitated training sessions for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.