Course Outline

Fundamentals of Transfer Pricing (Part 1) – 9am to 12:30pm
• What is transfer pricing?
• An introduction of the arm’s length principle
• What is comparability analysis?
• An introduction of transfer pricing methods
• The TP legal framework in:
• Singapore
• Malaysia
• Indonesia
• The Philippines
• Thailand
Advanced Topic of TP (Part 2) – 1:30pm to 5:00pm
• How to analyse a transaction – steps to be undertaken
• How to analyse the different types of transactions (with case studies):
Service transactions
 services vs stakeholders functions;
 how to determine the costs?
 Is mark-up on total costs the only way to remunerate services?
Hard to value intangibles
 Legal ownership vs economic ownership;
 What are DEPME functions?
 How to determine the value?
Financial Transactions
 Different natures of financial arrangements
 Application of arm’s length principle
 Determination of the arm’s length price

Trainers Profile

Joanna Lam

Joanna Lam currently leads the Transfer Pricing Practice at RSM Singapore and has extensive experience providing TP advisory services to MNCs and SMEs, as well as leading TP audit defence cases. She spent about 20 years with Big 4 Firms in South China and Hong Kong and was also actively involved in the first bilateral advance pricing agreements ("BAPA") between China and Japan, including a few other BAPA and unilateral advance pricing arrangement ("UAPA") cases. Furthermore, Joanna is experienced in TP compliance engagements related to the preparation of TP Master Files, Local Files and Country-by-Country Reporting reports.

Prerna Bathija

Prerna is a seasoned transfer pricing professional with over 13 years of extensive experience in accounting and tax firms across the Asia-Pacific region. She has provided strategic advice to multinational enterprises (MNEs) and small to medium-sized enterprises (SMEs) on the intricacies of transfer pricing policy formulation and implementation. Prerna has managed various transfer pricing compliance projects encompassing global, regional, and local documentation, and has been involved in core advisory projects involving strategic policy planning and modelling. Additionally, she has successfully represented clients before tax authorities in India. Throughout her career, Prerna has worked with a diverse portfolio of clients, spanning across commodity trading, shipping, technology, professional services and consumer products (including manufacturing, retail, and distribution).

Prior to joining RSM Singapore, she made significant contributions to transfer pricing teams within the BDO network in Singapore and India. Prerna’s career also includes a notable 3-year stint focused on international and corporate taxation.

It is a course designed for whom are interested in taking up an international role in Trading and Pricing. It is also fit for finance professionals who would like to get up-to-date about International Tax.