Transfer pricing reform - 14 June 2018 (On Demand)

Description

Draft legislation has been introduced to substantially amend the transfer pricing rules in New Zealand, as part of the Government’s wider BEPS tax reform package.

The changes are intended to align the New Zealand transfer pricing rules to be more consistent with the OECD transfer pricing guidelines (in particular the changes made as part of OECD BEPS Actions 8-10) and with the Australian regime. Notably, the changes will require that transactions align with arm’s length “conditions”, will reference the OECD Guidelines (including the ability by Inland Revenue to recharacterise or ignore transactions in certain circumstances) and the taxpayer will bear the onus of proof in transfer pricing cases. Additionally a special interest rate restriction rule will apply. The new rules will apply to transactions as early as 1 July 2018 for June balance date companies.

This webinar will:

  • Go through the various changes and implications of the changes 
  • Compare with Australia’s transfer pricing rules 
  • Highlight areas that are likely to carry higher risk under this reform 
  • Illustrate with examples 
  • Outline what you need to do in preparation for these law changes 
  • Cover the transfer pricing documentation requirements and expectations in New Zealand

LEARNING OUTCOMES

  • Appreciation of the proposed transfer pricing reforms
  • Gain a better understanding how these rule changes could impact your company
  • Get insight as to risk areas and what you could do to mitigate these risks
  • Understand what documentation is expected

ORIGINAL BROADCAST DATE

14 June 2018

SUITED TO

This seminar is intended for those involved in a finance or tax role where cross border transactions exist. This includes practitioners who advise such clients. A high level of expertise or knowledge of transfer pricing is not a pre-requisite.

PRESENTER

Mark Loveday, International tax/transfer pricing partner, EY

1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $180.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants that do not log into the live webinar are automatically sent a recording either later the same day or early the next business day.

If you did log in and wish to view again simply drop us a line at NZ‑learning@wolterskluwer.com and we’ll be happy to send it to you via email.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.