The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Note: You may also be interested in the ISCA Transfer Pricing E-Learning Series which is of a Foundational to Intermediate Level.

ISCA Transfer Pricing E-Learning series consists of 2 modules, namely:

1. Transfer Pricing (Part 1) - Key Principles, Analysis and Methods (E Learning) (Course Code: TAX004i) -  Click on the title for the programme details
2. Transfer Pricing (Part 2): TP Documentation, Dispute Resolution and Risk Management (E Learning)  (Course Code: TAX005i) - Click on the title for the programme details

Programme Objective
 
Transfer pricing documentation and benchmarking analysis are key when defending transfer pricing risks from tax authorities. However, the reality is that the theory and practice of preparing documentation and benchmarking analysis are very different, hence the importance of practical insights.
 
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 on how to test related party transactions, including services, buy/sell transactions, intercompany loans with a case study using databases.
• How to ensure that your documentation and benchmarking analysis are ‘bullet-proof.'
• Practical tips to minimise risks related to benchmarking analysis to ensure you get it right
• How to implement benchmarking results correctly and examples of how the implementation can go 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.

 

Pre-requisites

Please take note of the following admission requirements:

• Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
• Mandatory for video camera to be turned on throughout the course
• Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

 

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

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.

Programme Facilitator(s)