DFDL Cambodia Hosts Seminar on New Transfer Pricing Regulations
DFDL leading tax experts Clint O’Connell and Jack Sheehan, along with, Duff & Phelps transfer pricing advisers Steve Carey and Tu Ha served as panelists at a very well-attended seminar in Phnom Penh on 15 November.
Some of the key topics discussed and analyzed by our keynote speakers were:
Over 200 participants representing a diverse range of finance and accounting firms from across the country were in attendance. In a relaxed and informal setting, those present were thoroughly engaged and enlightened while listening to our panel of tax and transfer pricing specialists share their lessons and expertise in this important area. The keynote speeches by Steve Carey and Tu Ha were followed by a lively and thought-provoking Q&A session, where the audience had their queries and concerns comprehensively addressed by our experts leading the discussions.
As always, DFDL will continue to keep you updated on future upcoming events on this and other similar topics of interest as they draw near.
Cambodia has recently taken a giant stride forward in its series of new tax reforms with the introduction of Transfer Pricing regulations last month.
With transfer pricing regulations now firmly in place, all enterprises in Cambodia engaging in cross-border, or domestic trade, must now ensure that they correctly price and accurately record all their transactions with related parties.
As with most issues surrounding taxation – a balance often needs to be struck between achieving cost effective compliance and the imperative of preparing a robust defense in anticipation of future tax audits.
The breakfast seminar aimed to offer those less familiar with the subject a clear and concise overview of the new transfer pricing regime, and how it will apply in practice to you and your business.
Our tax and transfer pricing specialists first introduced the realm of transfer pricing and outline how the new regulations will affect your business in Cambodia. This included some case studies and insights gained from many years of practical experience with transfer pricing in Vietnam, China and Indonesia. We then discussed the steps that you must now take to ensure compliance with the new regime, especially in terms of future tax audits. Forewarned is forearmed!
This is an opportunity not to be missed by anyone doing business in Cambodia.
Who should attend:
Date: Wednesday, 15 November 2017
Time: 8:30am – 10:30am
For any related inquiries, please contact firstname.lastname@example.org.
Partner, Regional Tax Practice Group