LES I Transfer Pricing ? introduction
Context of the Transfer Pricing processBasic principles and terminology, methodologiesLES II Documentation requirements in the regulatory context of Transfer Pricing
OECD Transfer Pricing GuidelinesFactors determining comparabilityIntroduction to and application of Transfer Pricing methods: Comparable Uncontrolled Price (CUP) method, Resale Price Method (RPM), Cost Plus Method (CPM), Transactional Profit Split Method (TPSM), Transactional Net Margin Method (TNMM)LES III Transfer Pricing legislation and guidelines
Advance Pricing Agreements (APA)US: the country of originOECD: setting a global standardEuropeAustraliaAsiaLatin AmericaTrends in national, regional and global documentation standardsLES IV Transfer Pricing policy ? design and implementation
Transfer Pricing processDesigning examples for goods, services and intangiblesManual: how to design your Transfer Pricing systemChecklist for taxpayersLES V Transfer Pricing documentation ? practical aspects
Transfer Pricing documentation: 3 conceptsCentralized documentation, local documentation, hybrid approach, documentation issuesG20/OECD BEPS Action 13Master file (tier 1), local file (tier 2), Country-by-Country (CbC) reporting (tier 3), TP form (tier 4)Use of the master file in practiceUse of country-specific files in practice (autonomous and complementary approach)Best practices of Transfer Pricing documentationLES VI Transfer Pricing (pre)controversy management
Connectivity between 4 boxesAudit proceduresAdvance Pricing Agreements (APA)Mutual Agreement Procedure (MAP)EU Arbitration ConventionPenalties and interestPre-controversy management toolsCase examplesLES VII Transfer Pricing project and risk management
Transfer Pricing project managementTransfer Pricing documentation and risk assessmentLES VIII Types of inter-company transactions
List and examples of the most common inter-company transactionsList and examples of more complex inter-company transactionsToolbox for analysisLES IX Transfer Pricing of intangibles
The context of Transfer Pricing of intangiblesLabelling of intangiblesIdentification of intangiblesOwnership of intangibles (legal and economic)Valuation of intangiblesExamples: valuation of customer list and valuation of customer-related intangiblesLES X
Business restructuring & valuation
Definition of business restructuringCountry-specific considerationsAnalysis of the situation before versus after business restructuringValuation aspects of a business restructuringOECD Guidelines Chapter IXTR 2011/1Case StudyLES XI Transfer Pricing and customs
Differences and similarities between the 2 sets of rulesInternational debate on the harmonization of Transfer Pricing and customs valuationPrice and profit adjustments: alignment procedures in the US and the EUCases