Do you engage in transactions with related parties, i.e. companies within your Group, be it sister companies, associated companies or subsidiaries? If so, you will need to be aware of the recent changes in the transfer pricing regulations in Singapore as well as across the region. Transfer pricing refers to the pricing of goods/services/assets and/or funds when they are transferred within a Group. The Introduction to Transfer Pricing workshop is designed to arm participants with an understanding of transfer pricing as well as transfer pricing compliance in various Asia Pacific countries. In addition, a discussion of the various transfer pricing methods and their application, as well as the transfer pricing regime in Singapore will be presented.
A Highlight of Key Areas:
- Definition of the Arm's Length Standard
- Introduction to OECD Guidelines on Transfer Pricing
- An Overview of Various Transfer Pricing Methods, their Application and Case Studies
- An Overview of Singapore's Transfer Pricing Regime
- Preparation of Transfer Pricing Documentation
- CbCR (country by country report)
- Defending Transfer Pricing Audits in Singapore
- Regional Updates
Dr Sowmya VaradharajanHead of Transfer Pricing
DFDL
Dr. Sowmya Varadharajan is the Head of the transfer pricing practice at DFDL. She helps companies to design and document appropriate transfer pricing strategies and approaches for their related party transactions. Having been trained in the U.S. on international tax and transfer pricing issues through blue-chip corporations, Sowmya now applies her transfer pricing training to transfer pricing issues in the Asia Pacific region. Sowmya has extensive experience in the high technology/ semiconductor as well as pharmaceutical/ biomedical industries.In addition to transfer pricing, Sowmya is also skilled in Intellectual Property (“IP”) valuation. With the growth in transfer pricing related audits in the Asia Pacific region, Dr. Sowmya has assisted clients in India, China, Malaysia, Indonesia, and Singapore in defending their transfer pricing arrangements with tax authorities.Sowmya is an economist with Ph.D. in Economics from Cornell University and has more than 20 years of transfer pricing consulting experience.