Transfer Pricing Masterclass on Intra-group Services | KPMG | MY
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Transfer Pricing Masterclass on Intra-group Services

27 August 2018, 8:00AM - 1:00PM, MYT Petaling Jaya, Malaysia

Malaysians are now living in a new era since the Pakatan Harapan Coalition won GE14 on 9th May 2018. We have a new Government which, amongst others, emphasizes on the rule of law. In line with this, it is our understanding that tax audits will continue to be a major strategy of the Inland Revenue Board (“IRB”) as they strive to ensure that taxpayers comply with the relevant tax rules.

Specifically on transfer pricing, a major focus area in almost all tax audits carried out by the IRB is in relation to “intra-group services”. Based on our experience, businesses are still unfamiliar with the requirements involved to ensure transfer pricing compliance and meeting the IRB’s expectations. To help businesses, we have put together a Masterclass workshop to help you grapple with the associated complexities.

Bonus session with our experts on the implications of Service Taxon Intra-Group Services.

 

Course objectives

  • In this specially designed masterclass workshop, we will cover the following:
  • What are the different types of intra-group services?
  • How do you characterize intra-group services?
  • How do you describe the nature of services rendered and benefits received?
  • What is the typical basis of charge? We will focus the discussion on “cost plus” methodology.
  • What costs are chargeable?  
  • What are the different types of allocation keys?  How to select an appropriate allocation key?
  • Is a mark-up required?  If yes, how do I determine the appropriate rate? Should a mark-up be imposed on “pass through” or “third party” costs?
  • What source documents should be kept for tax audit purposes?
  • Sharing of practical experiences from our handling of transfer pricing audits.

 

Speaker’s Profile

 

Chang Mei Seen
Executive Director of Global Transfer Pricing Services, Malaysia

Mei Seen joined KPMG in 1997 and is currently an Executive Director in KPMG Malaysia. She began her career by joining KPMG Malaysia’s Audit Division where she worked on assignments involving both private and public listed companies.

Thereafter, she was transferred to the Corporate Tax Division and was involved intransfer pricing engagements.

 

Ng Sue Lynn
Executive Director of Indirect Tax Practice, Malaysia

Sue joined KPMG in Malaysia in 2005 and has experience in both corporate income tax and Goods and Services Tax (GST). She advises on Malaysian tax issues and has assisted numerous leading overseas and locally headquartered multinationals.

 

Workshop Details

27 August 2018 (Monday)
8:00am to 1:00pm
Junior Ballroom, One World Hotel, Petaling Jaya.

 

Fees

  • RM500 per participant
  • 10% discount for registration of two or more participants under the same company or group of companies/KPMG alumni members

Registration fee is inclusive of seminar materials, breakfast and tea break.

 

Registration Form

Click here for online registration

(Please photocopy the registration form for more delegates)

 

Contact us

For registration enquiries, you may contact:

Ms. Sharon Leong Peck Sim
Tel: 03 7721 7128
Email: pecksimleong@kpmg.com.my

 

Click here to download brochure

Contacts

Connect with us

 

Request for proposal

 

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Agenda
8:00am - 9:00am Breakfast and Registration
9:00am - 10:30am Masterclass on Intra-group services
10:30am - 10:45am Tea break
10:45am - 12:15pm Masterclass on Intra-group services (cont’d)
12:15pm – 12:45pm Service tax implications on Intra-group services
12:45pm – 1:00pm Q&A
1:00pm Lunch
Guide

CPE

Certificate of attendance will be issued for 4 CPE hours.

 

Human Resource Development Fund

HRDF application may be made under the Skim Bantuan Latihan, subjectto approval by Pembangunan Sumber Manusia Berhad.

 

Cancellation

• A substitute delegate is welcomed at no extra charge if the registered participant is unable to attend.
• No refund will be given for cancellations received less than 14 working days before the workshop date.

 

Please note that limited seating is available for this workshop to encourage interactive discussion. Registration is on a first-come-first-served basis.