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):
o Service transactions
 services vs stakeholders functions;
 how to determine the costs?
 Is mark-up on total costs the only way to remunerate services?
o Hard to value intangibles
 Legal ownership vs economic ownership;
 What are DEPME functions?
 How to determine the value?
o Financial Transactions
 Different natures of financial arrangements
 Application of arm’s length principle
 Determination of the arm’s length price

Trainer Profile

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.

More Information:

NTUC Union Members – Union Training Assistance Programme (UTAP)

NTUC Union Members get 50% unfunded course fee support for up to $250 per year.

Aged 40 & above get increased funding support for up to $500.

How learners submit their UTAP claim :

• Go to www.ntuc.org.sg > E-Services > Union Training Assistance Programme – UTAP > Login with SINGPASS and fill in the online form
• All claims have to be submitted within 6 months after course ends. Late submission will not be entertained.
• For enquiries, contact their Membership Hotline at 6213 8008 (Mon – Fri, 9:00 am – 5:30 pm / Sat, 9:00 am – 12:30 pm)

Note :

• NTUC/e2i reserves the right to cancel/remove any of the above programme without assigning any reasons whatsoever
• NTUC/e2i has the right to ask for attendance list, documents, records, visit our training room (for verification purposes if there is a need to do so)
• Participants cannot claim funding through company sponsorship or other types of funding
• Participants must attend your course within the approved period
• NTUC/e2i will terminate this collaboration with us if we breach any of their terms and conditions e.g. misuse their logos, identity, information or trying to misrepresent NTUC/e2i with the intention to mislead learners into signing up for the courses

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.