Am I TP Audit Ready? – A free webinar on transfer pricing audit

In recent years, the Bureau and Internal Revenue (BIR) has strengthened the compliance requirements on transfer pricing (TP) rules and regulations in the country. With the various BIR issuances dealing with TP reportorial requirements and preparation of TP documentation, taxpayers can expect that the BIR is ready to conduct TP audits. Hence, it is prudent to be ahead and well-informed on how to handle TP audit.

This free webinar is aimed at highlighting the BIR’s TP audit guidelines. The topics will cover (a) TP concept and arm’s length principle; (b) TP supporting files; (c) BIR audit selection process; (d) TP audit procedures and guidelines; and (e) Audit requirements and timeline.