Practical Aspects of Reimbursements and Disbursements & How to Avoid Errors with a Transfer Pricing Outlook

Hwee Leng is a partner in Alliance of Associated Advisors (AAA) Pte. Ltd. (an entity under AEP LLP), a tax consulting firm, with extensive experience in Goods and Services Tax (GST) matters, both as a regulator and business adviser. She retired as a partner from the Indirect Tax Practice at a big four accounting firm (KPMG) in 2022 and remained a consultant with KPMG until September 2024. Prior to her consulting career, Hwee Leng has been with the IRAS for 15 years, involved in tax policy matters on GST as well as corporate tax, advance income tax ruling, international taxation, transfer pricing and tax treaties. Hwee Leng was also part of the GST implementation team in the IRAS and involved in the drafting of the various circulars on the operation of GST, the GST legislation, schemes for businesses and the marketing of GST to the public and businesses and audit of businesses. 

Hwee Leng is one of the contributors to the “Goods and Services Tax – Law & Practice, 2nd edition” and a co-author of “Taxation of Insurance Business in Singapore – Direct and Indirect Taxation”. She has been recognised as one of the leading tax practitioners by the International Tax Review, and one of the leading women tax practitioners by the International Tax Review in the past few years.

In addition to her consultancy work, Hwee Leng is a trainer at the Singapore Tax Academy and a regular speaker at tax seminars. She has also represented KPMG to attend the OECD Technical Advisory Group / Business and Industry Advisory Committee meetings and was a member of the KPMG Global Indirect Tax Services Policy Group.

Xiu Wei worked for one of the Big Four in Malaysia for 6 years before joining Transfer Pricing Dynamics Pte Ltd. She has more than 15 years of professional work experience, accumulating relevant experience in audit and tax, with more than 8 years specialising in transfer pricing (TP) related services in Singapore and Malaysia. 

She has assisted large multinational companies in preparing TP defense documentation and represented clients in response to TP audits and voluntary disclosure projects before the Malaysian tax authority. Her expertise span from planning and risk management to compliance and benchmarking analysis, she also provides advice to Client on the TP challenges and solutions they faced in their businesses, and ensure compliance for various related party transactions such as management services, royalties, loan transactions, etc.