On 10^th August 2020, the Inland Revenue Authority of Singapore (“IRAS”) released the long awaited 6^th Edition Singapore Transfer Pricing Guidelines (“6^th Ed TPG”), three years after the 5^th Edition, and setting out significant new content. Key highlights include new guidance on the remission of surcharge, financial transactions, low value-adding intra group services, and cost contribution arrangements. The 6^th Ed TPG provides significant updates and amendments to its previous 5^th Ed TPG, signaling the Singapore government taking a more serious stance in transfer pricing enforcement and one step closer in aligning with the broader global transfer pricing practices.

Your trusted BDO Singapore Transfer Pricing Team has summarised the 6 key things to know about the 6^th Ed TPG in a newsletter (click here to download), and we would like to invite you to a short half hour chat over lunch, where we will further discuss these key highlights and share important insights.

 

Date: Wednesday, 15 September 2021

Time: 12.00 PM – 12.30 PM

Fee: Complimentary

 

We will cover:

• In a nutshell: Key changes in the 6^th Ed TPG. 
• Understanding the risks: How will Singapore-based corporate taxpayers be affected by the 6^th Ed TPG?
• What’s next: Ideas for proactively managing TP risks.
• Question & Answer session.

 

Note: Registration is on a first-come-first-served basis and you will be informed via email (nearer the event date) when your registration is confirmed.

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