POSTPONED - BDO: COVID-19 and Transfer Pricing Arrangements

POSTPONED - BDO: COVID-19 and Transfer Pricing Arrangements
You’re invited to join Zara Ritchie, BDO’s Global Transfer Pricing Leader, BDO US Transfer Pricing Partner Darren Lo and BDO Australia Transfer Pricing Partner Michael Smith, for a webinar to discuss how to manage Transfer Pricing in an environment so heavily impacted by COVID-19, and in the specific context of multinational enterprises (“MNEs”) with operations in both Australia and the US. pastevent
WEBINAR
Business Essentials Series

COVID-19 and Transfer Pricing Arrangements Between Australia and the U.S.

Registrations close at 8:00 AM AEST on Wednesday 27 May, please email events@amcham.com.au with your Full Name, Job Title, Company Name, State and Email Address for any last minute registrations.


About the Webinar

As the economic impact of COVID-19 continues to escalate, multinational groups may find that established Transfer Pricing policies no longer give rise to arm’s length outcomes due to unprecedented disruptions to global workforces, supply chains and customer demand. It is likely that most groups will experience at least some impact due to the far-reaching extent of the ongoing global economic disruption.

Whether you are an affiliate of a US multinational or an Australian headquarter with affiliates in the US, this practical webinar will provide you with insights on how COVID-19 impacts Transfer Pricing arrangements, how to assess the Transfer Pricing risks it presents and strategies to best navigate these risks.

Examples of what we will cover in our panel discussion include:
  • Leveraging flexibility in existing arrangements to preserve cash and manage risk
  • Strategies for utilising tax attributes such as net operating losses in various jurisdictions
  • Proactively implementing policy changes given the combination of COVID-19 and lower tax rates in the US following recent tax reform
  • Impact on IRS and ATO compliance review programs, APAs, compliance obligations and penalties
  • Government support for businesses and Transfer Pricing implications (e.g., Trump and Morrison's Stimulus Package)
  • Special considerations for limited risk or ‘routine’ entities, including potential flexibility in contractual arrangements to flex transfer pricing results and the potential application of force majeure clauses
  • Business outlook and initial response from our Australian and US clients
  • Analysing and documenting the economic impact on your business to mitigate penalties.


Speakers

Zara Ritchie, Head of Global Transfer Pricing Services - Australian Lead Partner, BDO - Melbourne Office

Zara is the Global Leader for BDO’s Transfer Pricing Practice and is based in Melbourne.

Zara has over20 years’ full time Transfer Pricing experience covering the areas of controversy/dispute resolution, planning and restructuring, compliance, developing transfer pricing policies and structuring legal agreements in relation to various related party dealings. She is highly experienced in dispute resolution and controversy and her strong negotiation skills have resulted in successful settlements and outcomes for clients.

Zara has previously worked for over 16 years as a transfer pricing partner in a ‘Big 4’ firm.


Darren Lo, Managing Director; Transfer Pricing West Region Leader, BDO - San Jose Office

Darren Lo is a Specialty Tax Services managing director and the west region Transfer Pricing practice leader. He has more 19 years of transfer pricing experience. Darren has extensive experience in evaluating and comparing transfer pricing strategies, economic modeling, and providing support for planning and compliance with local transfer pricing rules. He has a complete understanding of inter-company transactions including intangible property migrations, cost-sharing, transfers of tangible and intangible goods, services, royalties, and loans.

Darren has worked with clients in various industries, including technology (software and hardware), clothing and apparel, manufacturing and distribution, real estate, aerospace, automotive, food processing, and mining.


Michael Smith, Partner, Transfer Pricing, BDO - Melbourne Office

Michael advises multinational clients in respect of transfer pricing matters. Services he provides include planning, audit support, restructuring, and compliance projects. Michael also assists clients in respect of their domestic and overseas engagements with tax authorities.

Michael provides a commercial approach to solving transfer pricing issues, helping clients to balance their competing priorities by cutting through to the key issues at hand, and suggesting clear and concise strategies to effect a quick resolution.

Michael has a wealth of transfer pricing experience gained from 19 years with Big 4 Firmsworking across a range of industries. Michael also has deep international experience gained from practicing for a number of years in New York and London.

This experience, combined with ten years of Australian transfer pricing expertise with multinationals of all sizes, allows Michael to bring deep strategic insights to his clients, identifying opportunities to apply best practice to effectively address their transfer pricing needs.


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Webinar Details

Date Thursday 28 May 2020
Time 10:30 AM - 11:30 AM AEST
Webinar Link to attend the webinar will be sent after registrations have closed.


Invitation Transferable

Feel free to forward this invitation to anyone within your organisation or networks who you think might be interested in this event.
When
28/05/2020 10:30 AM - 11:30 AM
Where
Webinar Online Event

Program


Thursday, 28 May 2020

 
You’re invited to join Zara Ritchie, BDO’s Global Transfer Pricing Leader, BDO US Transfer Pricing Partner Darren Lo and BDO Australia Transfer Pricing Partner Michael Smith, for a webinar to discuss how to manage Transfer Pricing in an environment so heavily impacted by COVID-19, and in the specific context of multinational enterprises (“MNEs”) with operations in both Australia and the US.
Time
10:00 AM - 11:00 AM
28/05/2020 10:00 AM

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