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):
Service transactions
 services vs stakeholders functions;
 how to determine the costs?
 Is mark-up on total costs the only way to remunerate services?
Hard to value intangibles
 Legal ownership vs economic ownership;
 What are DEPME functions?
 How to determine the value?
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.

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.