Latest Indonesian TP regulations and newly released OECD guidelines on Pillar One Amount B

Gain comprehensive insights into the latest Indonesian TP regulations and the final report on Pillar One Amount B released by the OECD.

Gain comprehensive insights into the latest Indonesian transfer pricing (TP) regulation – Indonesian Minister of Finance Regulation 172/PMK.04/2022 (PMK 172) at this breakfast seminar. PMK 172 addresses the application of the arm’s length principle in Indonesia, TP documentation requirements, Advanced Pricing Agreements (APAs) and the Mutual Agreement Procedure (MAP). PMK 172 entered into force on 29 December 2023 and has revoked the prior Indonesian Ministry of Finance Regulations relating to TP documentation, MAP and APAs. Specific topics covered:

• An overview of PMK-172 and the main changes from prior regulations.
• Implications and considerations of PMK-172 on the determination of arm’s length pricing, TP documentation, the MAP, APAs and TP controversy.
• Considerations and action steps in relation to fiscal year 2023 and fiscal year 2024 transfer pricing compliance.

Pillar One Amount B – Newly released OECD guidelines

On 19 February 2024, the Organisation for Economic Co-operation and Development (OECD) released the final report on Pillar One Amount B, which aims to simplify and streamline the application of the arm’s length principle to baseline marketing and distribution activities. Unlike other Base Erosion and Profit Shifting (BEPS) 2.0 measures, Pillar One Amount B is not subject to a revenue threshold and will be relevant for a wide range of multinational businesses.

The speakers will provide an overview of the final OECD report on Amount B and specifically cover the transactions within scope of Amount B, key design features of the pricing methodology and a discussion on the implications for companies operating in Singapore, including approach to streamlining the compliance process for Amount B through an appropriate operational TP framework.

Seminar structure

A sharing session comprising a presentation, discussion and breakfast.

Who should attend

Tax and finance executives who are responsible and involved in tax governance, compliance and controversy, including but not limited to BEPS 2.0, TP and other areas of taxes.

Fees (inclusive of GST): S$225.00 (Public), or S$200 (Clients, EY Alumni and SCTP members)

Important note:

Please send your payment only after you have received confirmation of your registration.

EY Corporate Advisors Pte. Ltd. reserves the right to accept registrations, cancel the event or amend the schedule and speakers due to circumstances beyond our control. Registration is on a first-come-first-served basis. We regret that we cannot provide fee refunds, but changes in the personnel attending can be accommodated.

Please note that photographs, video and/or audio recordings (Materials) may be taken during the event. The EY member firms in Singapore may collect, use, reproduce, edit and/or share the Materials for its internal and external publications (which include magazines, newsletters and website), for publicity and marketing purposes, and/or for post-event communications with event attendees. All rights, title and interests in the Materials shall belong to EY.

Registration has closed for this event. For enquiries, please contact the organizer.