With greater transfer pricing scrutiny both at home and internationally, Small and Mid-size Entities (SMEs) need to future-proof their cross-border group structures to weather the storm. The first time step is to understand transfer pricing, how it applies in intra-group transactions, learn best practices and form strategies to better manage transfer pricing risks and compliance costs.
This seminar by ISCA discusses how SMEs can best navigate the new transfer pricing landscape and ensure that their global tax footprint is commensurate with group operations and value creation across tax jurisdictions.
A Highlight of Key Areas:
- Transfer pricing fundamentals
- An overview of Singapore transfer pricing developments and requirements
- Base Erosion Profit Shifting 2.0 : Pillar 1 and Pillar 2 proposals in a nutshell (brief)
- Management fees
- Intellectual property
- Build your own transfer pricing landscape
- Assess your transfer pricing risk
- Plan and prioritize transfer pricing documentation efforts - “Safe harbor” and other exemptions (from Singapore transfer pricing documentations) available for SMEs