Over the last decade, transfer pricing has been a key focus area for tax authorities and governments across the world. The recent changes in the transfer pricing landscape in Singapore has made it critical for businesses to be aware of developments which impact their dealings with related parties.
Why is Transfer Pricing important?
-With the globalisation of businesses, tax authorities has elevated transfer pricing to a mainstream priority for all companies operating internationally
-Increasing focus on transfer pricing under the OECD’s Base Erosion and Profit Shifting (BEPS) Project
-Although Singapore is not a member of OECD, it intends to foster greater transfer pricing compliance amongst Singapore taxpayers
-Robust transfer pricing policy that is implemented correctly is the need of the hour, as transfer pricing documentation will help minimise tax exposure and improve the chances of a successful defence on audit
BDO Singapore would like to invite you to a breakfast session where their transfer pricing experts would share with you how transfer pricing impacts your Singapore business and overseas investments.
All registrations will be emailed to firstname.lastname@example.org.
Please click here for more information.