Course Detail(TAX213 : Transfer Pricing Risk Management)

TAX213 : Transfer Pricing Risk Management NEW

3.50 CPE Hours (Others)
Classroom


Programme Objective
 
Due to increased tax authority scrutiny around the world, transfer pricing has become one of the riskiest areas for multinational corporations from both a compliance and tax planning perspective.
Amazon, AOL, Adobe, Hewlett-Packard, Microsoft, and other multinationals have all made headlines in recent years because of transfer-pricing disputes over potential adjustments to income ranging from tens of millions to upward of a billion dollars. However, if you think transfer pricing affects only big companies, think again. Size is immaterial. The only condition that triggers transfer pricing is the existence of multiple facilities in more than one taxing jurisdiction.
 
This seminar discusses how companies can best manage their transfer pricing life cycle. The life cycle consists of four phases, which include planning, implementation, documentation and monitoring.
While most companies have focused their efforts on the first three phases, the changing tax landscape results in companies seeking to manage new pressures, such as the increased data collection and information sharing among tax authorities, through the active monitoring of their transfer pricing positions. It is important that companies develop a clearly defined process to manage and mitigate their transfer pricing risks.
 

Programme Outline


• The transfer pricing life cycle and what it means for companies
• Taking stock of transactions and building a transfer pricing landscape
• Transfer pricing risk assessment
• Different transfer pricing risk management models and using advance pricing agreements (“APAs”) and mutual agreement procedure (“MAPs”).
• Case study
 
Training Methodology
 
Lecture style. 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 = 3.50 Hours

Schedule & Fees

Date & Time

15 Aug 2018 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Elis Tan

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Elis Tan
BDO, Transfer Pricing Executive Director

EXPERIENCE SUMMARY

Elis has more than 15 years of tax transfer pricing experience. Currently, she is the Executive Director heading the transfer pricing team at BDO Tax Advisory Pte Ltd.

Elis started her career with a Big 4 firm where she provided transfer pricing services to a diverse portfolio of clients in the industrial, consumer manufacturing, retail, pharmaceutical, oil & gas, banking, and asset management sectors. From 2006 to 2009, Elis was based in Shanghai, helping China-based multinational clients manage their transfer pricing risks. Elis also spent more than 3 years as Head of Transfer Pricing, Asia-Pacific region, at one of the largest multinational insurance groups based in the United States.

Elis has extensive experience in handling all aspects of transfer pricing including documentation compliance, planning and controversy management. Her work includes transfer pricing risk assessment, audit defence, tax effective value chain management in relation to the use of regional principals, application and negotiation of tax incentives and working with customs and tax colleagues for overall tax optimisation. She also has experience negotiating advanced pricing arrangements (APAs) with tax authorities in Singapore, China and Japan.

PROFESSIONAL AFFILIATIONS
  • Accredited Tax Practitioner (Income Tax) of Singapore Institute of Accredited Tax Professional Limited (SIATP)
  • Member (Non-Practising) of the Institute of Singapore Chartered Accountants (ISCA)
EDUCATION
  • Graduated from the Singapore Nanyang Technological University with a Bachelor of Accountancy (Honours) Degree.
 


Programme Objective
 
Due to increased tax authority scrutiny around the world, transfer pricing has become one of the riskiest areas for multinational corporations from both a compliance and tax planning perspective.
Amazon, AOL, Adobe, Hewlett-Packard, Microsoft, and other multinationals have all made headlines in recent years because of transfer-pricing disputes over potential adjustments to income ranging from tens of millions to upward of a billion dollars. However, if you think transfer pricing affects only big companies, think again. Size is immaterial. The only condition that triggers transfer pricing is the existence of multiple facilities in more than one taxing jurisdiction.
 
This seminar discusses how companies can best manage their transfer pricing life cycle. The life cycle consists of four phases, which include planning, implementation, documentation and monitoring.
While most companies have focused their efforts on the first three phases, the changing tax landscape results in companies seeking to manage new pressures, such as the increased data collection and information sharing among tax authorities, through the active monitoring of their transfer pricing positions. It is important that companies develop a clearly defined process to manage and mitigate their transfer pricing risks.
 

Programme Outline


• The transfer pricing life cycle and what it means for companies
• Taking stock of transactions and building a transfer pricing landscape
• Transfer pricing risk assessment
• Different transfer pricing risk management models and using advance pricing agreements (“APAs”) and mutual agreement procedure (“MAPs”).
• Case study
 
Training Methodology
 
Lecture style. 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 = 3.50 Hours

Programme Facilitator(s)

Elis Tan
BDO, Transfer Pricing Executive Director

EXPERIENCE SUMMARY

Elis has more than 15 years of tax transfer pricing experience. Currently, she is the Executive Director heading the transfer pricing team at BDO Tax Advisory Pte Ltd.

Elis started her career with a Big 4 firm where she provided transfer pricing services to a diverse portfolio of clients in the industrial, consumer manufacturing, retail, pharmaceutical, oil & gas, banking, and asset management sectors. From 2006 to 2009, Elis was based in Shanghai, helping China-based multinational clients manage their transfer pricing risks. Elis also spent more than 3 years as Head of Transfer Pricing, Asia-Pacific region, at one of the largest multinational insurance groups based in the United States.

Elis has extensive experience in handling all aspects of transfer pricing including documentation compliance, planning and controversy management. Her work includes transfer pricing risk assessment, audit defence, tax effective value chain management in relation to the use of regional principals, application and negotiation of tax incentives and working with customs and tax colleagues for overall tax optimisation. She also has experience negotiating advanced pricing arrangements (APAs) with tax authorities in Singapore, China and Japan.

PROFESSIONAL AFFILIATIONS
  • Accredited Tax Practitioner (Income Tax) of Singapore Institute of Accredited Tax Professional Limited (SIATP)
  • Member (Non-Practising) of the Institute of Singapore Chartered Accountants (ISCA)
EDUCATION
  • Graduated from the Singapore Nanyang Technological University with a Bachelor of Accountancy (Honours) Degree.
 

Upcoming Schedule

Registration is closed

Date & Time

15 Aug 2018 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Elis Tan

Venue

11 Eunos Road 8
Level 9 – 2
Lifelong Learning Institute
Singapore 408601