TP bytes – Clock is ticking, act fast

In today’s dynamic regulatory environment, conducting business and managing taxes hand-in-hand is not just smart – it’s essential for success. In relation to Transfer Pricing (“TP”), adherence to the Income Tax (Transfer Pricing) Rules 2023 (“TP Rules 2023”) is paramount, given the imminent deadline for TP compliance.

One of the notable requirements effective for the year of assessment 2023 mandates that taxpayers disclose the date of completion of Transfer Pricing Documentation (“TPD”). Failure to complete the TPD in a timely manner will be considered non-contemporaneous and may result in substantial penalties. For most taxpayers with a December year-end, the deadline is fast approaching.  

Sign up for a complimentary TP gap analysis to identify any disparities on your conformity with the TP Rules 2023, and join our webinar where our TP specialist, Nivashini Rayapay, will share some "hot from the oven" updates from regulatory authorities. To add some spice, she will also discuss real-life TP audit cases – who is on the radar and Inland Revenue Board (“IRB”)’s approaches.

Register now to gain valuable insights and actionable strategies to ensure your business is well-prepared for the looming deadline and to mitigate the risk of hefty penalties!

Who should attend:

• Chief Financial Officer or equivalent
• Finance Managers
• Tax Managers/Advisors
• Accountants
• Accounts/Finance/Tax personnel

REGISTRATION: Closes on 24 June 2024, 12pm, on a first come, first served basis and at the sole discretion of the organizer. All delegates must register with their own respective email address in order to access the webinar. Entry into the webinar is unique to the registered delegate’s email address and is not transferable. If you are registering on someone else’s behalf, please ensure to insert the delegate’s email instead of your own.

CANCELLATION POLICY: In the event the webinar is cancelled by KPMG due to unforeseen circumstances, delegates will be informed accordingly. 

KPMG’s webinar series is conducted online; hence, you will need to have stable internet access in order to participate. While you may view the webinar using a mobile device, it is recommended to participate using a laptop/PC for optimal experience.