This presentation will deepen your understanding of key concepts such as the arm's length principle and various transfer pricing methods, help you learn how to properly document intercompany transactions, and gain insights into common pitfalls and best practices, reducing the risk of non-compliance and potential disputes with tax authorities.

Attendees will also benefit from real-world case studies and examples that illustrate how to handle transfer pricing issues effectively.What You'll Learn:Introduction

• Welcome and Objectives: Brief Introduction and Outline the Objectives of the Presentation
  
• Overview of Transfer Pricing: High-Level Overview of Transfer Pricing and Why It Matters in Tax Compliance

Basics of Transfer Pricing

• Key Concepts: Fundamental Concepts of Transfer Pricing
  
• Regulatory Framework: Key Regulations and Guidelines Governing Transfer Pricing, Including OECD Guidelines and Local Regulations

Transfer Pricing Documentation

• Documentation Requirements: Documentation Requirements, Including Master File, Local File/Local Transfer Pricing Report, and Country-By-Country Reporting
  
• Best Practices: Best Practices for Preparing and Maintaining Transfer Pricing Documentation to Ensure Compliance

Enforcement and Penalties

• Enforcement: Discuss the IRS's/Other Tax Authorities' Approach to Transfer Pricing Enforcement
  
• Penalties: Potential Penalties for Non-Compliance
  
• Additional Penalty Mitigation Techniques: Advance Pricing Agreements and Mutual Agreement Procedures

Recent Developments

• Pillar 1 Amount B
  
• Pillar 2 Transfer Pricing Implications
  
• Cases Studies
  
• Overturn of Chevron Deference and Impact on Transfer Pricing Enforcement

Q & A Conclusions

• Question and Answers
  
• Summary and Key Takeaways