Joint Tax, Business Economics Committees and Customs and Excise Council: Transfer Pricing Video Conference
Date and Time
Friday Jun 23, 2023
9:00 AM - 10:30 AM ICT
Location
Video conference
Fees/Admission
Members: Free of charge
Non-members: 1,000 Baht
Description
UPDATE: The program description has been updated to reflect the addition of speakers from our Customs & Excise Council. Please note that the program has now been extended to 1.5 hours and will finish at 10:30 am.
The AMCHAM Tax Committee is delighted to welcome you to their quarterly meeting, which will focus on the issue of transfer pricing, in conjunction with the Business Economics Committee and the Customs & Excise Council. Mitsuru Nishiuwatoko, Senior Counsel of Mahanakorn Partners Group will provide background and updates about Transfer Pricing obligations, covering tax audits and advance pricing agreements (APAs).
The AMCHAM Tax Committee is delighted to welcome you to their quarterly meeting, which will focus on the issue of transfer pricing, in conjunction with the Business Economics Committee and the Customs & Excise Council. Mitsuru Nishiuwatoko, Senior Counsel of Mahanakorn Partners Group will provide background and updates about Transfer Pricing obligations, covering tax audits and advance pricing agreements (APAs).
In addition, the AMCHAM Customs & Excise Councils co-chairs will share insights and challenges of transfer pricing adjustments in intercompany transactions, and discuss strategies employed by multinational corporations to effectively manage transfer pricing risks and comply with regulatory frameworks.
The event will be followed by a Q&A session and open conversation moderated by our tax committee leaders. Whether you are a tax professional, CFO or consultant, this event is a prime opportunity to bring your questions on this complex topic to an array of experts from our AMCHAM community.
Agenda
- Welcome
- John Andes, KPMG - Discuss the impact to Thailand of the 15% Global Minimum Tax to be introduced under BEPS 2.0 Pillar 2. The Revenue Department is currently drafting legislation, which will affect investors in Thailand, especially those with tax incentives under BOI and IBC.
- Mitsuru Nishiuwatoko, Mahanakorn Partners Group - Update on Transfer Pricing in Thailand, including an overview of the requirements to prepare documentation and price inter-company transactions at arm’s length and Advance Pricing Agreements (APAs) and TP adjustments.
- Paul Sumner, PwC - Update on TP and Customs duty, especially TP adjustments - which can be controversial upon tax audit for both Corporate Income Tax and Customs Duty purposes.
- Q&A
Contact Details
101 True Digital Park, Griffin Building, Level 12A, Unit No.12A-06, Sukhumvit Road, Bangchak, Phra Khanong, Bangkok 10260
Tel: +66 (0) 2119-3350
membership@amchamthailand.com
