24.04.24
WEBINAR: TRANSFER PRICING: AN INTRODUCTION TO THE RULES AND DOCUMENTATION

Academy
Photo from: KINANIS LLC - 4th Photography Competition 2022 – Theme: “NOW” – Photographer: Christos Kaouranis – Photograph Title: ‘The path between the mountains and the sky’

Transfer pricing is a challenging area in the field of international taxation with which multinational businesses performing intragroup transaction must comply. Cyprus introduced its Transfer Pricing legislation in 2022 therefore it is essential for Cyprus Companies that have related party transactions that fall under this legislation to maintain a robust transfer pricing documentation file to support its intragroup pricing against challenges that will be imposed by the tax authorities.
Being aware of the basic transfer pricing principles and the situations in which an obligation for the preparation of a transfer pricing study arises, will ensure effectiveness in informing the clients of their obligations and providing the at most assistance in fulfilling such obligations.

WHO SHOULD ATTEND?

This program is specifically designed for professionals who would like to become familiar with the essential concepts and principles of Transfer pricing in order to gain a better understanding of the field and correctly interpret the transactions they may potentially face on a daily basis in their working environment.

More specifically:

  • Lawyers;
  • Financial Controllers;
  • Finance Managers;
  • Auditors;
  • Accountants;
  • Professionals with a particular interest in Transfer pricing;
  • Tax professionals.

This seminar contributes to Continuing Professional Development for 4 CPD Units


WHERE AND WHEN

Venue: The course will be held online via zoom
Date & Time: 24th of April, 2024, 09:00 – 12:00 with a 15’ break
Language: Greek language with the slides in English


SEMINAR COST AND DURATION

The seminar’s cost and duration for participation is presented on the table below:

Duration 3 hours
Participation Cost €150.00 + 19% VAT

 

 



REGISTRATION

To register please complete our online registration form here:


MODULES

PART A:

  • Explanation of what is transfer pricing and why is important
  • Analysis of the definition of related parties under article 33 of income tax law
  • Analysis of the arm’s length principle
  • Examples


PART B:

  • Comparability factors
  • Explanation of each method
  • Practical examples

 

PART C:

  • Back – to – back Circular and its termination
  • The new transfer pricing legislation, changes and introduction of APAs
  • New obligations and penalties
  • Practical examples

 

INSTRUCTORS CURRICULUM VITAE

Marios Palesis, Partner, Tax Department

Marios is a qualified Accountant and a Fellow member of Association of Certified Chartered Accountants (FCCA) as well as a member of the Institute of Certified Public Accountants of Cyprus, member of Advanced Diploma in International Taxation (ADIT) and International Tax Affiliate of the Chartered Institute of Taxation (CIOT).

Marios has significant experience in Transfer Pricing and international tax planning working with clients in Cyprus, Malta, Eastern Europe and in other jurisdictions around the globe. His focus is on financial transactions and digital business.

 

Theodora Charalambous, Senior Advisor, Tax Department

Theodora is a qualified Lawyer and a member of the Cyprus Bar Association. Theodora has commenced her postgraduate studies in Tax Law, with a specialization in International Tax Law and Transfer Pricing, which has been the area of her expertise.


ADDITIONAL INFORMATION

Contact Mrs. Ivi Papaioannou at academy@kinanis.com (22 558836)