Guest speaker Mr. Henry Syrett, Partner, Tax Practice at Ernst & Young Solutions LLP will be sharing on the following topic:
The Inland Revenue Authority of Singapore released revised Singapore Transfer Pricing Guidelines on 6 January 2015. The revised edition was broadly a collation of the existing guidelines and circulars that had been issued by the IRAS since 2006 relating to transfer pricing. However there were some additional technical points and requirements in the revised guidelines, most notably an explicit requirement for taxpayers to prepare contemporaneous transfer pricing documentation. In this session Henry will provide some insight into the new rules, focusing on the experiences of taxpayers as they look to navigate the revised guidelines and comply with the new requirements.
About the speaker
Mr. Henry Syrett is a Partner in the tax practice of Ernst & Young in Singapore and he has been based in Singapore since 2007 providing advice on transfer pricing and operating model effectiveness (OME). His professional experience includes designing, implementing and supporting tax and transfer pricing models to support the full value chain restructuring of various multinational enterprises in different industries.
About the Regional Tax & Finance Committee
The EuroCham Regional Finance & Tax Committee provides a platform to improving financing options in the region such as cash-pooling structures, hybrid financing, eliminating double taxing while promoting regional trade. Through dialogue, advocacy and active engagement with stakeholders, the Committee will provide our members with a channel of communication to the Singaporean, European and ASEAN political and economic authorities and business associations.
The Committee comprises industry leaders such as Adecco, Audi, Deloitte, ING, Karcher, Luther LLP, Philips, Sandvik, Unilever and Zurich, among many others. Members define specific topics of interest and develop position papers while working closely with businesses and government representatives.
This meeting is a EuroCham member event only.
If you would like to find out more about this event and how you can participate, please contact the Committees and Membership Manager, Mr. Yiannis Korkovelos at firstname.lastname@example.org