Mastering TP Documentation and Benchmarking Analysis: Best Practices for Success (Live Webinar)


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Date:
27 September 2024, Friday

Time:
09.00AM - 05.00PM
Venue:
Live Webinar in or outside of Singapore

Details/ Promotion:
Please click here for more details and here for the registration form.
Accredited tax professionals enjoy members' rate!
Contact:
Please refer to organiser’s webpage here.
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Programme Synopsis

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 by ISCA 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.

About the Presenter(s)/ Trainer(s)


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Ms Adriana Calderon
Director, Asia and Malaysia
Transfer Pricing Solutions Asia
Accredited Tax Advisor (Income Tax)


Adriana Calderon 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. In Asia Pacific, Adriana specialises in the area of TP, building on her Latin American experience as a lawyer in commercial and tax legislation.

As a TP 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 TP planning projects to implement BEPS’s Action Plan and country-by-country reporting.

Besides being Singapore Chartered Tax Professionals' representative in the tax authority's TP Roundtable, Adriana also enjoys teaching and has been involved in various TP seminars and workshops. She has not only facilitated in training sessions by SCTP but also for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.









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