Where we are and where do we go from here?
This webinar will provide an overview to the transfer pricing (TP) regime in Singapore, focusing on more recent developments, the impact of the OECD’s work on areas of transfer pricing focus as well as provide a view on trends that we should be accepting in the future. Given the backward-looking focus for transfer pricing audits, it would be well served for taxpayers to be forward-looking in their transfer pricing approaches, to be better prepared for future TP audits.
This introductory webinar is aimed at tax professionals of all levels, and anyone who has an interest in understanding the Singapore transfer pricing regime. This session is a mix of practical experience and academic knowledge.
A follow-up webinar going in-depth on the recent e-tax guide issued on transfer pricing guidelines for headquarters (HQs) in Singapore to abide by, will be coming soon. Register your interest with us.
A Highlight of Key Areas:
Development of the Transfer Pricing Regime in Singapore
- Transfer pricing compliance requirements, as of today
- Nuances of the Singapore transfer pricing regime
Key International Developments and its Impact on Singapore Taxpayers and IRAS
- Latest developments arising from OECD’s BEPS 2.0 project (Pillar 1 and Pillar 2)
- IRAS’ response framework
- Taxpayer’s options