RSM - Singapore’s Post

On 14th June 2024, the Inland Revenue Authority of Singapore (IRAS) published its 7th Edition of the Singapore Transfer Pricing Guidelines, which introduced changes to the Singapore transfer pricing documentation (TPD) compliance requirements, tightened transfer pricing enforcement and audit guidance, simplified the Mutual Agreement Procedure (MAP) process and provided additional guidance in other areas. At BDO, our Transfer Pricing Team has “unpacked” the latest guidelines in a newsletter. To learn more: https://lnkd.in/dVrXw6Uv. Please reach out to Elis Tan if you have questions. Watch this space as we will be announcing our event to discuss the key highlights and insights. #transferpricing #BDOsg #askusaboutit

With this edition, IRAS has built upon the earlier TP guidance to offer Singapore taxpayers more certainty on navigating the arm's length principle.

The 7th Edition of the Singapore Transfer Pricing Guidelines was published on 14 June 2024. This update introduces several key changes, including: (1) Revised TPD compliance requirements (2) Stricter transfer pricing enforcement and audit focus (3) Simplified Mutual Agreement Procedure (MAP) process (4) Additional guidance in various areas To learn more: https://lnkd.in/dVrXw6Uv BDO LLP Singapore will be hosting an event soon to delve deeper into these updates. Watch this space for the announcement! #transferpricing #bdosg #7thTPG

💼 Luxembourg has officially launched its Transfer Pricing Association, aiming to streamline and enhance global transfer pricing practices 💸 🔗 Read more about this pivotal development here: https://lnkd.in/dZEvC758 #Finance #TransferPricing #Luxembourg #GlobalBusiness #luxembourg #luxembourgcity🇱🇺 #expat #luxembourgexpats #expatlife

📊 Strategic Transfer Pricing Planning for MNEs 📊 Transfer pricing compliance is crucial for multinational enterprises (MNEs) with cross-border transactions. At Tax Gian, we help you align your transfer pricing policies with business goals, ensuring regulatory compliance and operational efficiency. Our services include: ✅ Accurate Transfer Pricing Documentation ✅ Drafting Advance Pricing Agreements (APAs) ✅ Consistent Policy Application across Jurisdictions Let us guide you through UAE’s transfer pricing complexities and mitigate tax risks. Check out our blogs to know more - https://taxgian.ae/blog/ 📧 info@taxgian.ae 📞 +971 56 545 8011 #TransferPricing #TaxCompliance #MNE #TaxGian #BusinessStrategy #TaxAdvisory

Dive into this issue of BDO Global’s Transfer Pricing Newsletter for insights on the OECD’s new annex on Amount B and more international developments. #OECD #TransferPricing

As many as 127 international companies have relocated their regional headquarters to Saudi Arabia during the first quarter of 2024. This marks a significant increase of 477 percent compared to the same period in 2023. The data confirms the ongoing attractiveness of the local market and the favorable investment environment that the Kingdom offers to these headquarters. Global giants such as Goldman Sachs and Alvarez & Marsal have seized the opportunity, establishing their presence in Riyadh. As Saudi Arabia continues to evolve into a global business hub, the landscape presents a wealth of opportunities across diverse sectors. Equivator® A Saudi premier alternative asset management firm, focusing on private equity investments in tech ventures, serving as the one-stop destination where investors, entrepreneurs, and consultants can come together to discover alternative investment opportunities, navigate mergers and acquisitions, and secure funding. #SaudiArabia #InvestmentOpportunities #privatequity #wealthmanagment #PIF #Familyoffices #assetsmanagment #GCC #Riyadh #Saudivision2030 #growth #fundmanger #hedgefunds #venturecapitalist

Here is what I got up to last week, keeping my CPD updated and fresh. In the finance industry, similar to others, it's good to keep up to date with the latest changes to rules and regulations and how that will impact the way I work. This was a flight to Malaysia to attend the conference and visit the talks. It was a quick turnaround for me as once I had been there for a night I was straight back to Bangkok to speak to some clients. This is the only picture I have of the conference. #CPD #conference #regulations #expat #investments #investing

Here is what I got up to last week, keeping my CPD updated and fresh. In the finance industry, similar to others, it's good to keep up to date with the latest changes to rules and regulations and how that will impact the way I work. This was a flight to Malaysia to attend the conference and visit the talks. It was a quick turnaround for me as once I had been there for a night I was straight back to Bangkok to speak to some clients. This is the only picture I have of the conference. #CPD #conference #regulations #expat #investments #investing

Recently, Singapore IRAS updated its Transfer Pricing Guidelines. This affects Malaysian companies with related companies (parent/subsidiary/sister company) in Singapore.    Here is a summary and analysis of the update prepared by #WTS.    #WTSglobal #TraTax #TransferPricing #InternationalTax