Date and Time:
April 18, 2022 11:30 am - 1:00 pm
April 20, 2022 11:30 am - 1:00 pm
April 22, 2022 11:30 am - 1:00 pm
April 25, 2022 11:30 am - 1:00 pm
April 27, 2022 11:30 am - 1:00 pm
April 29, 2022 11:30 am - 1:00 pm
Event Location:
Online, India
Description
Transfer pricing is the setting of the price for goods and services sold between controlled (or related) legal entities within an enterprise. There are several methods that multinational enterprises (MNEs) and tax administrations can use to determine accurate transfer pricing for transactions between associated enterprises. The Organisation for Economic Co-operation and Development (OECD) outlines transfer pricing methods that MNEs and tax administrations can use.
Design and implementation of transfer pricing policies aligned with a value-chain analysis for domestic and multinational groups. Policies that comply with the arm’s length principle through the correct application of the methodologies included in the OECD Transfer Pricing Guidelines, allowing compliance with the transfer pricing obligations in all the countries in which the group operates.
Benefits of Attending:
- Understand the transfer pricing process
- Understand Basic principles and terminology and methodologies
- Understand about the OECD Transfer Pricing Guidelines
- Understand how to manage APA, MAP & EU Arbitration Convention
- Understand how the Labelling of intangibles and Identification of intangibles done
Thought Leaders:
- Sunil Nayak
Principal
Dhruva Advisors - Anuj Gupta
Assistant Manager, Global Transfer Pricing Services
B S R & Co. LLP
- Rahul Mehta
Principal
Dhruva Advisors - SP Singh
GSAP & Associates LLP - CA. Ankit Arora
GSAP & Associates LLP - Divya Yadav
BSR & Co. LLP - Vidhu Sah
Assistant Manager | Global Transfer Pricing Services
B S R & Co. LLP
Event Timelines
• Basic principles and applicability
• International Guidelines Overview (OECD guidelines, UN Manual etc.)
• Global perspectives on transfer pricing issues
• Transfer Pricing Law in India
o Overview of the provisions
o Definition of associated enterprise, international transaction, specified domestic transactions etc.
• Relevance of Functions, Assets & Risk (FAR) Analysis
• Determination of arm’s length price
o Introduction to and application of Transfer Pricing methods
o Concept of tested party and profit level indicator
o Benchmarking and selection of comparable
o Range concept and multiple year data
• Various business models
• Transfer Pricing risks & Tax provisioning
• Annual Transfer Pricing Compliance
o Transfer Pricing Study Report
o Accountants Report
o OECD BEPS Action Plan 13 compliances in India
- Master File
- Country by Country Report
- Practical Considerations
- Penal implications
• Types of Inter-Company Transactions
- List and examples of the most common inter-company transactions
- List and examples of more complex inter-company transactions
- Audit issues, key considerations, and best practices
• Key Triggers for TP Scrutiny
• Alternate Dispute Resolution Mechanisms
o Advance Pricing Agreements (APA)
o Mutual Agreement Procedure (MAP)
o Safe Harbour Provisions
• Secondary adjustment implications
o India regulations
o International practice
o Practical examples
• Limitation of interest deduction u/s 94B
o India regulations
o International practice
o Practical examples
• Labelling of intangibles
• Identification of intangibles
• Significance of Development, Enhancement, Maintenance, Protection and Exploitation (DEMPE)
• Ownership of intangibles (legal or economic)
o Overview of Action Plan 8-10 of the OECD BEPS Action plan
o Review of the current transfer pricing landscape and the progress of implementation of recent OECD measures
• Arm’s length analysis of intangibles
o Use of intangible
o Transfer of routine intangible
o Transfer of unique intangible
• Key considerations to evaluate the applicability of business restructuring
• Valuation aspects of a business restructuring
• Case study
• GST Aspects in Transfer Pricing
• Transfer Pricing and Section 56
• Interplay with GAAR, SEP, Profit Attribution to PE
• Transfer Pricing and POEM
