ΠΕΡΙΓΡΑΦΗ

Transfer pricing is a challenging area in the field of international taxation with which multinational businesses performing intragroup transaction must comply. It is essential for every business to maintain a robust transfer pricing documentation file to support its intragroup pricing against challenges that will be imposed by the tax authorities of the interested state.

Being aware of the basic transfer pricing principles and the situations in which an obligation for the preparation of a transfer pricing study arises, will ensure effectiveness in informing the clients of their obligations and providing the at most assistance in fulfilling such obligations.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

After the completion of the webinar, participants are expected to:

1. Identify which parties are considered related as per the definition included in article 33 of Income Tax Law.
2. Describe the reasons that created the necessity for the preparation of a transfer pricing study.
3. List and describe the methods that can be used to prepare a transfer pricing study.
4. Describe the concept of arm’s length principle and the global formulary approach.
5. Choose the most appropriate method for the preparation of a transfer pricing study on a case-by-case basis.
6. Identify whether a transaction should be supported by a transfer pricing study, organize the steps required to analyse, summarize, and present data, respond to audits, and defend results of the transfer pricing study.
7. Participate in fruitful discussions regarding the proper preparation of a transfer pricing study.

The offered Professional Training Course has been approved by the Human Resources Development Authority of Cyprus (HRDA).

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This program is specifically designed for professionals who would like to become familiar with the essential concepts and principles of Transfer pricing in order to gain a better understanding of the field and correctly interpret the transactions they may potentially face on a daily basis in their working environment.

More specifically:

• CFOs;
• Financial Controllers;
• Finance Managers;
• Auditors;
• Accountants;
• Professionals with a particular interest in Transfer pricing;
• Tax professionals.

This seminar contributes to Continuing Professional Development for 6 CPD Units.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Trainer: Mr. Marios Palesis (Kinanis LLC, Partner)

Marios is a qualified Accountant and a Fellow member of Association of Certified Chartered Accountants (FCCA), as well, as a member of the Institute of Certified Public Accountants of Cyprus, member of Advanced Diploma in International Taxation (ADIT) and International Tax Affiliate of the Chartered Institute of Taxation (CIOT). Marios has significant experience in Transfer Pricing and international tax planning. He is servicing clients in Cyprus, Malta, Eastern Europe and in other jurisdictions around the globe. His focus is on financial transactions and digital business.