Course Detail(TAX259v : The New Normal – Intercompany Transactions in a COVID-19 Age (Live Webinar))

TAX259v : The New Normal – Intercompany Transactions in a COVID-19 Age (Live Webinar) NEW

2.00 CPE Hours (Others)
Live Webinar

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.

Programme Objective

Asian businesses are vulnerable to the impact of COVID-19, the extent of which remains uncharted. Critical areas include transfer pricing as business risks continue to arise from evolving value chain disruptions, tax compliance demands and increased audits from fiscal stimulus measures. 
 

This webinar examines the disruptions arising from COVID-19 surveying the issues that arise and practical approaches to dealing with the resulting challenges. Drawing from real life business models, the expert speaker will walk you through scenarios covering limited risk, financing transactions and management/service fee cost recharges to illustrate the impact of COVID-19 and key trends across the Asia-Pacific that finance and tax leaders will need to be aware as they navigate these uncertain times. 
 

At the end of this course, you will be able to: 

  1. appreciate the disruption of COVID-19 to value chain;
  2. understand the elements of transfer pricing that are affected;
  3. learn though actual live examples of related party transactions the issues and risks to consider;
  4. acquire a high level sense as to what is needed to adjust MNE’s transfer pricing analysis, policies and documentation to mitigate these risks

Programme Outline

1. Overview of relevant aspects of transfer pricing   
2. Disruptions caused by COVID-19 to the global value chain
3. Short-term impact – disruption of current TP regime
4. Longer-term consequences – documenting and benchmarking, audits 
5. Lessons from other countries and past crisis
6. Case Studies

  1. Principal - Limited risk arrangements
  2. Impact on Singapore as a financial hub and treasury transfer pricing
  3. Regional cost recharges including dealing with government subsidies    
 

Training Methodology
Lecture / seminar /case study-discussion groups

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

An intermediate level programme essential for decision makers, CFOs, leaders of finance and tax, finance, accounting and audit professionals who need to know and deal with transfer pricing risks in Singapore and beyond.

Competency Mapping

Others = 2.00 Hours

Schedule & Fees

Date & Time

29 Dec 2020 (3:00 PM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

23 Nov 2020 (4:00 PM - 6:00 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

23 Oct 2020 (4:00 PM - 6:00 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Testimonial


Insightful presentation including covering key guidance paper released by Australia, Singapore

Past Participant


The presenter is very clear on his presentation. Impact on transfer pricing due to business disruption.

Past Participant


The speaker is very knowledgeable and provided practical solutions to problems encountered. The content of the course is also very relevant and up-to-date.

Past Participant

Funding

No funding Available!

Programme Facilitator(s)


Sam Sim

Sam Sim is Board member of Tax Analyst, USA, co-founder of Taxise Asia LLC and was previously President of the Tax Executive Institute Asia chapter and a former chair of the Transfer Pricing committee of CMTC. He was also ISCA Ethics Committee member and board member of the Audit & Risk and Disciplinary Committees of a Board of Directors of a local statutory board. He holds Master degrees in Law, Accounting and Economics from, inter alia, the New York University School of Law (LL.M. Tax), SMU and University of Cambridge.

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.

Programme Objective

Asian businesses are vulnerable to the impact of COVID-19, the extent of which remains uncharted. Critical areas include transfer pricing as business risks continue to arise from evolving value chain disruptions, tax compliance demands and increased audits from fiscal stimulus measures. 
 

This webinar examines the disruptions arising from COVID-19 surveying the issues that arise and practical approaches to dealing with the resulting challenges. Drawing from real life business models, the expert speaker will walk you through scenarios covering limited risk, financing transactions and management/service fee cost recharges to illustrate the impact of COVID-19 and key trends across the Asia-Pacific that finance and tax leaders will need to be aware as they navigate these uncertain times. 
 

At the end of this course, you will be able to: 

  1. appreciate the disruption of COVID-19 to value chain;
  2. understand the elements of transfer pricing that are affected;
  3. learn though actual live examples of related party transactions the issues and risks to consider;
  4. acquire a high level sense as to what is needed to adjust MNE’s transfer pricing analysis, policies and documentation to mitigate these risks

Programme Outline

1. Overview of relevant aspects of transfer pricing   
2. Disruptions caused by COVID-19 to the global value chain
3. Short-term impact – disruption of current TP regime
4. Longer-term consequences – documenting and benchmarking, audits 
5. Lessons from other countries and past crisis
6. Case Studies

  1. Principal - Limited risk arrangements
  2. Impact on Singapore as a financial hub and treasury transfer pricing
  3. Regional cost recharges including dealing with government subsidies    
 

Training Methodology
Lecture / seminar /case study-discussion groups

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

An intermediate level programme essential for decision makers, CFOs, leaders of finance and tax, finance, accounting and audit professionals who need to know and deal with transfer pricing risks in Singapore and beyond.

Competency Mapping

Others = 2.00 Hours

Programme Facilitator(s)

Sam Sim

Sam Sim is Board member of Tax Analyst, USA, co-founder of Taxise Asia LLC and was previously President of the Tax Executive Institute Asia chapter and a former chair of the Transfer Pricing committee of CMTC. He was also ISCA Ethics Committee member and board member of the Audit & Risk and Disciplinary Committees of a Board of Directors of a local statutory board. He holds Master degrees in Law, Accounting and Economics from, inter alia, the New York University School of Law (LL.M. Tax), SMU and University of Cambridge.


Upcoming Schedule

Registration is closed

Date & Time

29 Dec 2020 (3:00 PM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 138.00
For Non-Members: $ 165.00

Programme Facilitator(s)

Sam Sim

Venue

Online Classroom in or outside of
Singapore