Measuring up against the scrutiny of risk and reward - The New Transfer Pricing Regulations (Tax seminar)

Tax rules on intercompany transactions are now disclosed.

The Bureau of Internal Revenue (BIR) has finally formalized its views on transfer pricing. Years after the rest of Asia developed their transfer pricing regulations, the Philippines’ Transfer Pricing (TP) Guidelines (Revenue Regulations No. 2-2013, dated 23 January 2013) have been issued.

This is a key development for taxpayers and tax authorities alike.While the rules provide an objective approach for tax authorities in conducting audits of related party transactions, taxpayers are also armed with rules to defend themselves.

Understand these rules and have a better feel for desired rewards vs. acceptable risks as we cover:

  • An in depth look at the provisions of the TP Regulations
  • Red flags and green lights in TP
  • How to set and test TP policy
  • Managing of BIR TP audits
  • Best practices (and pitfalls) on TP documentation

We will also update you on significant BIR revenue issuances.

Seminar fee

The seminar fee per participant, presentation materials and afternoon snacks is:

  • PHP3,500 for firm clients, plus VAT
  • PHP3,900 for non clients, plus VAT

Checks should be made payable to “Isla Lipana & Co.”

For further information, please contact:

  • Maricar Torres :+63 (2) 845 2728 (ext. 2123)
  • Laverne Bacaser : +63 (2) 459 2035
  • Marlene Masilungan :+63 (2) 459 2049
  • Ana Dahilig :+63 (2) 459 2021
  • Czarina Mercado : +63 (2) 459 2028

Speakers

Carlos Carado II
Partner,
Isla Lipana & Co., a member firm of the PwC network
   
  Lawrence Biscocho
Partner,
Isla Lipana & Co., a member firm of the PwC network