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How does transfer pricing affect customs duty and the amount of indirect taxes paid? podcast

Member Price: $35.00
Non Member Price: $43.00

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Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 09 Sep 21 by NATIONAL DIVISION, THE TAX INSTITUTE

This podcast covers:

  • The impacts of transfer pricing policies on customs duty and indirect taxes paid in the current environment, including practical examples of the impact of the changes in the global tariff landscape
  • The relevance of trying to align the TP pricing to the customs duty assessment
  • Implications of the potential disconnect between the customs valuation method and the transfer pricing method applied, and in particular, the potential custom duty impacts when using a transfer pricing method that measures the arm’s length result on an aggregate basis (TNMM or APAs)
  • The importance of considering year-end TP adjustments and whether they are made within the parameters stated in the customs valuation
  • Practical examples of transactions that should be considered/reviewed.

Author profiles

Lorena Sosa Carrillo
Lorena has over thirteen year’s professional experience with global firms in both Australia and Latin America. Her experience includes assisting Grant Thornton International with the coordination of the Transfer Pricing practice, globally. Lorena is a Partner heading the Sydney and Brisbane transfer pricing practices for Grant Thornton, advising clients on Transfer Pricing issues and international tax planning. She has extensive experience in assisting corporates involved in the technology, retail and e-commerce sectors, plan their transfer pricing and tax optimisation strategies, particularly in scenarios where corporates are looking to expand into overseas markets in the US, China, Europe and the Asia-Pacific regions. - Current at 10 August 2021
Click here to expand/collapse more articles by Lorena Sosa.
Richard Nutt

 

This was presented at 2021 National Transfer Pricing Conference .

Get a 20% discount when you buy all the items from this event.

Individual sessions

BEPS 2.0: Update on Pillar 1

Author(s):  Michael JENKINS,  Nick Marshall

Materials from this session:

How does transfer pricing affect customs duty and the amount of indirect taxes paid?

Author(s):  Lorena Sosa,  Richard Nutt

Materials from this session:

A new phase in transfer pricing dispute resolution in Australia

Author(s):  Martin FRY,  Thomas Ickeringill

Materials from this session:

A practical approach to financial transactions

Author(s):  Frank PUTRINO,  Sean Madden

Materials from this session:

Future trends, increased transparency and what it means for MNC businesses

Author(s):  Tammy Eccles,  Tony Gorgas

Materials from this session:

The ATO’s intangibles strategy and draft PCG on intangibles

Author(s):  Chris Ferguson

Materials from this session:

OECD’s Pillar 2 global minimum tax proposal: Taking the pressure off transfer pricing

Author(s):  Richard J VANN,  Mary Hu

Materials from this session:

Provision of services or rights to use intangibles

Author(s):  David BOND

Materials from this session:

Transfer Pricing and the Application of Part IVA

Author(s):  Toby KNIGHT,  Anfeng He

Materials from this session:

Expanded definition of SGE

Author(s):  Michael SMITH,  Natalya Marenina

Materials from this session:

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