ΠΕΡΙΓΡΑΦΗ

This webinar will provide an overview of the key relevant law amendments to safeguard full compliance with the Transfer Pricing Regulations and mitigate the transfer pricing risk exposure.

Participants will have the opportunity to familiarise themselves with the new transfer pricing developments in Cyprus and provide a practical environment in which these can be applied to hypothetical situations.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of this course participants will be able to

• Understand the concept of Transfer Pricing and its importance in the sphere of International Tax Law.
• Understand the Arm’s Length Principle and its application.
• Identify the key amendments to Article 33 “New Transfer Pricing legislation” in Cyprus.
• Explain the 25% relationship test.
• Analyse the content of Summary Information Table and explain its importance.
• Explain the new requirements in relation to TP Documentation - Local and Master File

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar has been designed to meet the needs of professionals from various backgrounds who are dealing with controlled transactions, and they wish to develop their competence in the field of Transfer Pricing. 

This seminar is addressed to:

• CFOs
• Directors and Senior Professionals
• Managers and Officers
• Tax Consultants
• Chief Accountants
• Financial Controllers
• Lawyers
• Management consultants

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Presentation Outline

• Concept of Transfer Pricing 
• Arm’s Length Principle and its application 
• New Transfer Pricing legislation in Cyprus 
• A. Revised Article 33 - 25% relationship test 
• B. Summary Information Table 
• C. TP Documentation - Local and Master File

Trainer: Pantelis Karonias

Pantelis Karonias holds a BSc in Accounting from the University of Cyprus, and during his studies he was awarded with many distinctions including the First Prize for the best academic performance. He is a Fellow member of the Association of Chartered Certified Accountants (FCCA) and he is a holder of the Advance Diploma in International Taxation (ADIT Qualification) which is awarded by the Chartered Institute of Taxation. He is also a Certified Trainer of Vocational Training by the HRDA. Pantelis has over 20 years of experience in Cyprus Taxation, International Taxation, Transfer Pricing and EU VAT, with a deep understanding of tax laws and regulations. He has worked with international clients from various industries, including shipping, manufacturing, retail, software, and financial services, helping them transform their tax and VAT strategies. He is keen at identifying planning opportunities and providing tailored advice to clients on complex tax/VAT issues. Pantelis has a strong track record of successfully resolving tax disputes with tax authorities, providing expert opinions, and representing clients in tax audits. Pantelis is an accomplished and well experienced lecturer and is an examiner for a renowned Global Professional Body. He lectures taxation for the papers of ACCA, ACA and he has also conducted numerous tax training seminars for clients and other professionals, sharing his knowledge and expertise in the field. He has presented various in-house and open seminars concerning taxation with emphasis on international taxation, transfer pricing, tax planning and VAT.