Transfer Pricing Issues to Note before FY 2020 Closing

As the end of a challenging FY 2020 approaches, what must companies do to substantiate the arm’s length nature of their transfer pricing (TP) arrangements, particularly if they have been adversely impacted by COVID-19?

In the second part of a two-part series, go beyond the one key aspect companies should take note of in their TP arrangements and explore deeper into the year-end TP issues arising from COVID-19 and other developments. Facilitated by Accredited Tax Practitioner (Income Tax) Ms Elis Tan, Executive Director, Transfer Pricing from BDO Singapore, this upcoming webinar will take participants through the best practices needed to protect your company’s TP positions from the tax authority. What’s more, with the recent TP guidance issued by the Inland Revenue Authority of Singapore, be aware of the crucial points and gain insights into what is expected from businesses when managing TP arrangements.

In addition, listen in on the techniques and framework to determine TP policies and positions effectively and learn about the intricacies that is involved in managing the organisation’s TP matters as you close FY2020.

• Know the year-end TP issues to take note of, with a focus on issues arising from COVID-19
• Be aware of the important points of the TP guidance from the tax authority and the authority’s expectations
• Get equipped with the framework to systematically review TP policies and ascertain if the adjustments are needed
• Understand the essentials in documenting TP positions