Practical implications of the Australia’s new transfer pricing landscape
Australia’s transfer pricing landscape has experienced dramatic changes including new transfer pricing legislation and new transfer pricing rulings. Many companies have raised the need for training on transfer pricing; Companies are interested to know what happens in the real word!
Transfer Pricing Solutions have designed a transfer pricing 101 master class that will provide participants guidance on preparing transfer pricing documentation to comply with transfer pricing requirements in accordance with the new laws including tips and traps of the International Dealings Schedule; be prepared to ‘roll-up’ your sleeves!
We will provide a master class package including slides, handouts with key tips and reference materials.
Shannon Smit, Director at Transfer Pricing Solutions, an independent specialist transfer pricing firm. Transfer Pricing Solutions is the winner of various national awards including the ‘2015 Transfer Pricing Team of the Year’ - Thomson Reuters Tax and Accounting Excellence Awards.
8:30 Registration and Welcome Coffee
Session 1: 9:00 – 10:30: Introduction to Transfer Pricing
10:30 Morning Break
Session 2: 11:00 – 12:30: Transfer Pricing Methods
Session 3: 1:30 – 3:00: Documenting International Related Party Transactions
3:00 Afternoon Tea
Session 4: 3:30 – 5:00: International Dealings Schedule
5:00 End of Workshop
Sydney, Level 26, 1 Bligh Street, Sydney NSW 2000, Australia
AU$750 (including GST) per participant
AU$1,000 (Including GST ) two participants from one company
Please RSVP by Friday 1 April 2016 on the following link
Thec Covid-19 pandemic has triggered the most severe recession and is causing enormous damage to the world economy. The economic downturn will impact a group’s transfer prices, analysis and documentation, more so with the BEPS Action Plans in place and the high level of transfer pricing scrutiny across the globe.
JobKeeper forms part of taxable income in the tax return. Makes sense, it is a subsidy against wages, so I am sure there are no surprises there, but how do you assess the arm’s length financial outcomes of the entity for transfer pricing purposes?
The ATO expect that Australian entities will retain the benefit of the JobKeeper payment they receive. So how do you treat the JobKeeper payments for transfer pricing purposes?