Understanding Transfer Pricing and its Compliance Requirements Special Focus on Singapore, Malaysia and Hong Kong
Does your company have business transactions with related companies? If yes, are you aware of the latest transfer pricing regulations and requirements?
Tax authorities are placing greater emphasis on proper Transfer Pricing Documentation (“TPD”) to ensure compliant reporting and mitigate tax leakages. Businesses are advised to have appropriate TPD in place to avoid financial penalties.
To help you navigate the complexities of this important obligation, we hosted a webinar where tax experts from BoardRoom and our partner, Kroll, spoke on:
- An overview of the global and regional transfer pricing legislative landscape
- Transfer pricing guidelines and tax compliance requirements in Singapore, Malaysia and Hong Kong
- What is the threshold for TPD obligation or exemption?
- Formality and timeline requirements by tax authorities
- Best practices with case studies and illustrations on how a typical TPD is prepared
You may download the presentation slides below or contact us should you require more information on transfer pricing regime.
Cheong Woon Chee, Head of Tax Services, BoardRoom Malaysia
Woon Chee is a chartered accountant and tax advisor with more than 13 years of experience in providing tax advisory services concerning corporate & individual tax, partnership & foundation tax compliance, tax incentives, tax audits & due diligence. Her broad clientele includes construction companies, property developers, hotels, logistics firms, plantations, education institutions, manufacturing and food & beverages companies.
Nicole Law, Head of Tax Services, BoardRoom Singapore
Nicole Law has more than 15 years of professional experience in both local and international tax, including tax due diligence and advising on the tax implications of corporate restructuring. She is also experienced in individual income tax, including the design of tax-effective remuneration packages for MNCs and assisting expatriates in complying with their income tax filing obligations in Singapore.
Candice Ng, Head of Tax Services, BoardRoom Hong Kong
Candice has over 10 years of experience in tax compliance and advisory services for personal and corporate clients. Her experience includes applications for tax credit benefits, cross-border tax planning advisory services, applications for advance tax ruling and tax audits. She has served diversified local and multinational clients from various industries, including construction, financial institutions, information technology, logistics, shipping, catering, manufacturing, apparel and trading companies.
John Zhang, Director, Transfer Pricing, APAC Chinese Practice Leader, Kroll
John has extensive transfer pricing experience throughout Southeast Asia and P.R. China. He has participated in various value chain transformation projects for global MNCs to achieve an optimal effective tax rate (ETR) for the Asia-Pacific region in a sustainable manner. He also provides consulting to a wide range of companies, including E-commerce, manufacturing, trading and distribution, and hotel and hospitality, to prepare regulatory-compliant transfer pricing systems and documentation.
Keong Bee Li, Vice President, Transfer Pricing, Kroll
Beeli has over 10 years of consulting experience assisting multinational clients throughout Southeast Asia in navigating the changing global transfer pricing compliance landscape. She has helped companies plan, design and prepare documentation to meet their specific needs and compliance requirements. Her clients are from different sectors, such as manufacturing, retail and distribution, services, consumer brands and other strategic sectors.