CLA Events

Navigating Transfer Pricing in 2025: Compliance, Risks & Strategies in Singapore’s Evolving Tax Landscape

Date

Tuesday, 8 July 2025

Time

9AM to 5PM

Location

Marriott Hotel - 320 Orchard Rd, S238865

Cost

$550.00 nett

Includes lunch, tea breaks, materials and e-certificate

Early Bird Discounts:

• 20% off before 15 June 2025

• 10% off before 30 June 2025

Other Discounts:

• SCTP Member enjoy an additional 5% discount

*Pricing stated is before discount

Payment Methods

Bank transfer, PayNow, cheque or cash

Workshop Overview

In light of the Inland Revenue Authority of Singapore’s (IRAS) recent success in tax recovery through Transfer Pricing Audits (TPA), businesses must navigate an increasingly stringent tax environment. This workshop provides a practical understanding of transfer pricing principles, compliance strategies, and risk management to help organizations mitigate exposure to tax disputes. Through realworld case studies and expert insights, participants will gain actionable knowledge on implementing robust transfer pricing policies, conducting comparability analyses, and handling tax authority inquiries. The session will also explore Singapore’s regulatory approach, the arm’s length principle, and the latest market challenges in transfer pricing.

Programme Outline

1. Fundamentals of Transfer Pricing & Why It Matters

• Definition and key principles

• IRAS’s increasing focus on TP audits and enforcement trends

• Consequences of non-compliance: Penalties, disputes, and double taxation

2. Transfer Pricing Methods: Selection & Application

• Traditional vs. transactional profit methods (CUP, Resale Minus, Cost Plus, TNMM, Profit Split)

• Which method works best for different transactions (tangible goods, services, intangibles, financing)

3. Arms Length Principle & Comparability Analysis

• Understanding the arm’s length standard in Singapore and globally

• How to conduct a defensible comparability analysis

• Common pitfalls and challenges in benchmarking

4. Managing Transfer Pricing Risks in 2025

• Latest IRAS & ASEAN TP Developments - Increased scrutiny on services, intangibles, supply chain restructuring, and financial transactions

• Essential Documentation & Compliance - Beyond intercompany agreements: Master File, Local File, and Country-by Country Reporting (CbCR) - Best Practices for maintaining contemporaneous documentation

• Advance Pricing Agreement (APAs) & Dispute Resolution - When to consider unilateral, bilateral, or multilateral APAs - Managing MAP (Mutual Agreement Procedure) cases and tax authority disputes

5. Handling TP Audits & Tax Authority Challenges

• How IRAS conducts TP audits: Red flags and Risk areas

• Case studies on recent TP disputes in Singapore and ASEAN

• Strategies for defending TP policies and negotiating with Tax authorities

6. Emerging Issues & Future of Transfer Pricing

• Impact of OECD’s BEPS 2.0 Pillar One and Two

• Impact of Tariffs on Global Trade

Key Takeaways

✔ Latest regulatory updates on IRAS TP audits, OECD guidelines, and global tax reforms

✔ Practical strategies for compliance, documentation, and audit defense

✔ Insights on emerging risks (digital economy, Pillar Two, intangibles, financial transactions)

✔ Real-world case studies on TP disputes and resolutions

Who Should Attend?

• Tax Directors, CFOs, and Finance Leaders managing cross-border transactions

• TP Specialists & Compliance Officers ensuring adherence to IRAS and OECD rules

• Legal & Audit Professionals handling tax disputes and due diligence

• Business Executives involved in intercompany pricing, supply chain, and M&A

Expert Speaker

Alex Z Yam

Alex brings over 15 years of tax and transfer pricing consulting experience across the UK. Malaysia, Australia and Singapore. As a multilingual advisor proficient in English, Mandarin, Cantonese and Bahasa Malaysia, he adeptly navigates complex international business environments.

After a successful 7 years as a senior member of a Big4 firm, Alex Joined Grant Thornton in 2023 to lead the Singapore transfer pricing practice. He currently serves on the APAC Transfer Pricing Steering Committee, where he contributes to regional strategy development and ensures the seamless delivery of high-quality and practical transfer pricing solutions for clients across the region.

In 2024, Alex was awarded the APAC Transfer Pricing Rising Star by International Tax Review. His expertise spans advising State-Owned Enterprises, Multinational Enterprises and Family business on complex cross-border tax and transfer pricing issues, including intercompany pricing policy setting, restructuring, risk assessments, optimisation strategies, documentation and dispute resolution.

Professional Qualifications and Memberships
• Accredited Tax Practitioner (Income Tax), Singapore Chartered Tax Professional
• Honorary Treasurer and Executive Committee, International Fiscal Association (Singapore Branch)
• Transfer Pricing and International Tax Certification, Chartered Institute of Taxation (UK)
• International Tax Law Certification, Leiden University
• BA (Hons) Accounting and Financial Management, University of Sunderland (UK)

This workshop is essential for professionals seeking to navigate the latest TP challenges and align their policies with Singapore’s evolving tax landscape.

Contact Person

Participant Details