The myth that using the “cost plus 5% mark-up” practice for any intra-group service transaction makes an organisation compliant with transfer pricing (TP) regulations runs deep and is widely followed but is ultimately erroneous.
This live webinar session facilitated by Ms Adriana Calderon, Director at Transfer Pricing Solutions Asia, will bust this myth and cut to the core of services transactions to highlight the practical key areas, blind spots and TP complexities.
Understanding the challenges of having to effectively participate in a webinar amidst a busy day working from home, the Singapore Institute of Accredited Tax Professionals presents a punchy new series that brings you what really matters.
In 60 minutes followed by a Q&A for tax professionals to exchange perspectives, participants will walk away with an understanding of the practical issues to note in services transactions to minimise risk in this area. These include handy tips to note in conducting the benefits test, cost analysis, ascertaining the appropriate mark-up through benchmarking, considerations to bear in mind to implement service charge uniformly.
• Get to the crux of the matter in services transactions
• Distinguish the best practices for different situations
• Understand the practical pointers to bear in mind to ensure that intra-group services are appropriately priced
• Understand the key pointers to note to apply the benefits test, cost analysis and benchmarking
Ms Adriana CalderonDirector
Transfer Pricing Solutions Asia
Asia Best Newcomer Firm of the Year 2017*
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 has specialised 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.
Adriana also enjoys teaching and has been involved in various TP seminars and workshops. Besides being a TP trainer at the Institute of Singapore Chartered Accountants, Adriana has also facilitated in training sessions for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.
*Asia Tax Awards 2017 by International Tax Review