Partnering With Accountants

Our team has extensive experience in various areas of transfer pricing including:

• transfer pricing planning
• documentation requirements
• planning and compliance related to Base Erosion and Profit shifting (BEPS) action plan
• assisting in client risk reviews and audit defenses
• advising effective international planning structures.

We have expertise advising companies in most industries including:

• financial institutions
• pharmaceutical
• software
• resource sector
• food and beverage companies
• manufacturing and distribution
• retail and services
• fin tech / SAAS
• asset management
• commodities and trade
• chemicals
• shipping

Transfer Pricing is highly specialised. Unless you are a trained Transfer Pricing (TP) specialist you should not be managing your clients' TP requirements yourself.
You run the risk of not servicing your clients’ TP needs, missing crucial deadlines, and costing your client more money.

All our team members have dedicated experience in transfer pricing with world’s leading accounting firms. Our transfer pricing practitioners also have extensive experience in different jurisdictions including US, Europe, Malaysia and South East Asia, Australia and the rest of the Asia Pacific Region.

Firm director Adriana Calderon is a transfer pricing leader in Singapore who has been skilling up the accounting and tax profession in Singapore since 2016 with training roles at Singapore Institute of Accredited Tax Professionals, Institute of Singapore Chartered Accountants and Singapore Institute of Technology. Her students are staff from the big four, mid tiered firm and Singapore Tax Authority (Inland Revenue Authority of Singapore - IRAS). She is frequently invited by the tax profession and IRAS to provide input on how IRAS should administrate the transfer pricing legislation in Singapore. Recently IRAS took our firm’s views to enact transfer pricing measures to take as a result of COVID -19. She has been also recognised as a top transfer pricing advisor by world tax leaders.

The main risk associated with lack of transfer pricing planning and documentation is the potential transfer pricing adjustment due to mispricing, non compliance penalties and IRAS deny of year-end or retrospective adjustments. This becomes a risk to you in maintaining your client relationships.

Proper documentation or review of prices is recommended to successfully defend your position in front of the IRAS. TP Documentation prepared at the time after the lodgement of the tax return will not be accepted by the IRAS as contemporaneous.