Transfer Pricing Mumbai

Workshop on

Transfer Pricing

With Case Studies

14^th August’19 – JW Marriott, Mumbai

20^th August’19 – The Lalit, Delhi

Organizations daily undertakes business transactions. Without identifying the transactions that fall within the domain of Transfer Pricing Regulations your ability to be in compliance with those Regulations is drastically diminished.

This one-day workshop provides you clear and immediately applicable knowledge and skills regarding the “What?”, “Why” “When” and “How” for the critical aspects of Transfer Pricing compliance and management and discussions on the latest Cases and Judicial Precedents

Attending this program will equip you to save tax as well as the cost on unnecessary disputes and litigation meeting the regulatory requirements in the area of Transfer Pricing.

Who should attend?

Managers and Executives of Corporate Finance, Tax, Accounting, Company Law Compliance, Company Secretary. Case studies from all Sectors of Industry       

Course content:

Session 1: Transfer Pricing and when do Transfer Pricing Regulations apply?

• Case study -when is Transfer Pricing triggered?
• The Arm’s Length Principle?
• Concept of Associated Enterprises
• International Transactions covered by Transfer Pricing Regulations
• Domestic Transfer Pricing – change in law from FY 2012-13, additional transactions covered by Transfer Pricing Regulations
• Case studies on the above topics

Session 2: What to do when Transfer Pricing Regulations Apply?

• The prices of transactions between Associated Enterprises have to be at Arm’s Length - How to determine the Arm’s Length Price?
• Documentation – what to maintain, when to maintain, how to maintain?
• Transfer Pricing Audit – when and how to file the Audit Report?
• Penalties

Session 3: Transfer Pricing Methods

• 6 prescribed Transfer Pricing Methods to compute the Arm’s Length Price
• Practical examples on application of the six methods
• How to select the Most Appropriate Method?
• Benchmarking of intra-group services, transfer of goods, royalty, and interest payments

Session 4: How to carry out Economic Analysis/Benchmarking under TNMM (The Most Popular Method)?

• 9 Step process recommended by OECD
• Functions, Assets and Risks (FAR) Analysis
• Selecting the Tested Party
• Searching for comparables
• Relevant filters to select the final set comparables
• Selection of an appropriate Profit Level Indicator (PLI)
• Computation of PLI
• How to make the right economic adjustments to the PLI?

Session 5: Transfer Pricing Assessment Trends (Recent Issues) and Dispute Resolution Approaches

• Representing your case before the Transfer Pricing Officer
• How to defend your transfer prices before the Tax Authorities?
• Preparing for Transfer Pricing assessments, disputes and litigation
• The approach and thought process of the Tax Department
• Advance Pricing Agreements
• Safe Harbour Rules
• Mutual Agreement Procedure