Seminar Taxation on Intercompany Financing

Seminar Taxation on Intercompany Financing

When:
Wednesday, 12 December 2018

Activity Time:
09.00 am – 05.00 pm

Where:
DDTC Academy
Menara DDTC (1st Floor)
Jl. Raya Boulevard Barat Blok XC 5-6 B
Kelapa Gading Barat, Kelapa Gading
Jakarta Utara, DKI Jakarta,14240 – Indonesia

Investment:
IDR 3.000.000 (include VAT)

Background:
Different tax treatment among debt and equity creates a distortionary effect on financing decision. Financing strategy through debt is more preferable regarding to tax base reduction, and as a consequence, lower cost of capital. This is also supported by the idea of the optimal value cost of capital which can be measured through a weighted average of the cost of debt and cost of equity (weighted cost of capital), where cost of debt is considered after tax cost of debt. As a result, taxable firms will react by preferring more debt in their capital structure, particularly in the context of cross-border financing.

The idea of cross border excessive debt will be much more important if they take place within multinational enterprises (intra-group). With their common strategy and ability to coordinate under the same effective control, multinational enterprises would have the flexibility to build any debt scheme and to place debt in a high tax country. For instance, the use of hybrid financial instrument has gained significance in international finance, while thin capitalization and back to back loan has received attention from G20 countries on their BEPS project. Further, intercompany financing also received some attention from transfer pricing issues. Apart from the theory and intentional best practices, the seminar concludes with recent domestic law and how companies should comply with the rules.

Topics Covered:

  1. Tax debt bias and business behavior,
  2. Hybrid financial instrument,
  3. OECD/G20 BEPS Action 4,
  4. OECD Discussion draft on the Transfer Pricing aspects of financial transaction 2018,
  5. Thin capitalization and interest limitation rule,
  6. Debt to equity ratio vs. arm’s length capital structure,
  7. Arm’s length financing behavior and interest rate,
  8. Managing tax compliance toward DER rule in Indonesia.

Who should attend?
The course is suitable for company staff, student, CFOs, tax directors, tax managers, accountants working in companies performing financing activities across all industries, treasury managers, chartered accountants, financial controllers and analysts, internal and external auditors, tax experts and lawyers.

Our Excellence:

  • DDTC is a research and knowledge based institution.
  • DDTC was given an award by International Tax Review’s World Tax and World Transfer Pricing 2018 acknowledging our Managing Partner, Darussalam as a leading adviser and DDTC as a recommended firm in Transfer Pricing.
  • Senior Partner DDTC, Mr Danny Septriadi, was selected as one of the World’s Leading Transfer Pricing Advisers 2017 by Expert Guides (one of the most trusted resources for international buyers of legal services).
  • DDTC has published a number of bestselling transfer pricing books.
  • Managing Partner and Senior Partner DDTC have been acknowledged as expert contributors for reputable national and international academic journals.
  • Highly rated instructors. Our instructors are experienced trainers who consistently receive the highest rating for their presentations, have multidisciplinary educational background and hold world-class international certification, as follows:
    • 2 PhDs from Claremont Graduate University (USA) and the University of New South Wales (Australia);
    • 9 Master’s Degrees in International Taxation from leading universities abroad;
    • 1 Bachelor’s Degree (LL.B) in Taxation Law (Fiscal Recht from Leiden University, The Netherlands);
    • 4 Advanced Diplomas in International Taxation (ADIT) of the Chartered Institute of Taxation (UK);
    • 1 Diploma in International Taxation of International Tax Center, Leiden University, The Netherlands;
    • 11 Certificate Holders of International Tax Certificate from the Chartered Institute of Taxation (UK);
    • 15 Certificate Holders of Transfer Pricing from the Chartered Institute of Taxation (UK).
  • Our topics always keep up with the latest taxation issues which are published via books, InsideTax (a semi-journal magazine), working papers, journals and DDTC News.
  • Interactive training and case studies models.
  • Up-to-date materials, relevant course contents and supported by a dedicated tax research team.
  • To offer high quality training programs, DDTC equips its resources with a library that has more than 2,500 collections pertaining to transfer pricing, international & domestic taxation, and other subjects from reputable publishers and authors.

Our Facilities:

  • Menara DDTC, new office building with new atmosphere, the best and most comprehensive professional training facilities (theater classes, cozy room, new concept and modern design, moot court simulation room, free Wi-Fi, modern facilities, etc.).
  • Library access of more than 2,500 books and taxation journals.
  • Exclusive training kits (goodie bag, notepad, pen).
  • Getting “Kartu Peserta Training” that can be used as a discount card to re-attend our next training programs.
  • Getting “Certificate of Training”.
  • Lunch and coffee break are provided.

Lecturers:

Romi Irawan

Romi Irawan

M. Putrawal Utama

M. Putrawal Utama

Coming Soon Event

Seminar (Taxation on Intercompany Financing)
07 August 2019

Seminar (Transfer Pricing for Commodities)
25 September 2019

Seminar (Transfer Pricing and Intangibles: Recent Developments and Issues)
11 December 2019

Coming Soon Event

Taxation of Digital Economy and E-Commerce
19 September 2017

Taxation of Intercompany Financing
10 October 2017

Taxation on Professional Income
24 October 2017

Transfer Pricing post BEPS-OECD/G20
14 November 2017

Past Event

Seminar (Advanced Indonesian Value Added Tax (VAT) – Selected Issues)
13 March 2019

Seminar Taxation on Intercompany Financing
12 December 2018

Tax Treaty Interpretation & Application – Batch 7
9 – 10 October 2018

Strategy to Handle Tax Audit, Objection and Appeal
19 September 2018

Advanced Indonesian Value Added Tax (VAT) – Selected Issues
29 August 2018

Tax Treaty Interpretation & Application – Batch 6
14 – 15 August 2018

International Tax Structuring for Real Estate and Immovable Property Investments
18 July 2017

Taxation on Shipping and Aircraft
4 May 2017

Connection between Transfer Pricing, Customs Valuation and Voluntary Declaration
18 April 2017

Recent Development and Emerging Issues of Oil and Gas Taxation
13 April 2017

Advanced Indonesian Value Added Tax (VAT) – Selected Issues
14 March 2017

Updating Foreign Account Tax Compliance Act (FATCA) and Automatic Exchange of Information (AEoI)
7 March 2017

Domestic and International Corporate Tax Planning
9 February 2017

International Taxation of Permanent Establishment
29 November 2016

International Tax Policy
7,8,9,10 November 2016

Taxation of Cross Border Services
11 October 2016

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When:
Tuesday, 27 November 2018

Activity Time (per batch):
09.00 am – 05.00 pm

Where:
DDTC Academy
Menara DDTC (1st Floor)
Jl. Raya Boulevard Barat Blok XC 5-6 B
Kelapa Gading Barat, Kelapa Gading
Jakarta Utara, DKI Jakarta,14240 – Indonesia

Course Level:
Advanced

Investment:
IDR 3.000.000

Background:
Beneficial Owner is one of the most prominently applied concepts in tax treaties. The concept is used to limit the benefits provided under tax treaties, in the form of a reduced withholding tax on dividends, interest and royalties. In practice, the term has been adopted in most tax treaties concluded worldwide, however it has been defined in none. This has given rise to difficulties in interpreting beneficial owner, which in turn results in numerous disputes around the globe particularly in tax treaty shopping scenarios. As beneficial owner is a unique tax treaty concept applied in most tax treaties, understanding the key judicial interpretations and recent development in this area (including BEPS reports and update on the OECD Commentaries) is essential for international practitioners.

Topics Covered:

  1. Base case:
  • What is treaty shopping?
  • Conduit companies
  • Agents and nominees
  1. Analysis on key judicial interpretations: Indofood, Prevost, and Velcro;
  2. The role of certificate or residence/domicile: Administrative vs substantive tax treaty requirement;
  3. Analysis on new Indonesia – Netherlands tax treaty protocol;
  4. History of the beneficial owner concept:
  • Subject to tax concept as alternative in early tax treaty negotiations.
  • OECD Model Tax Convention 1977 – 2014
  1. Indonesia cases overview;
  2. Recent developments in OECD BEPS project: Limitation on benefits provision and principal purpose test;
  3. The relationships and differences between the concept of beneficial owner in tax treaty, tax evasion, and money laundering.

Who should attend?
The course is suitable for company staff, student, CFOs, tax directors, tax managers, accountants working in companies performing financing activities across all industries, treasury managers, chartered accountants, financial controllers and analysts, internal and external auditors, tax experts and lawyers.

Our Excellence:

  • DDTC is a research and knowledge based institution.
  • DDTC was given an award by International Tax Review’s World Tax and World Transfer Pricing 2018 acknowledging our Managing Partner, Darussalam as a leading adviser and DDTC as a recommended firm in Transfer Pricing.
  • Senior Partner DDTC, Mr Danny Septriadi, was selected as one of the World’s Leading Transfer Pricing Advisers 2017 by Expert Guides (one of the most trusted resources for international buyers of legal services).
  • DDTC has published a number of bestselling transfer pricing books.
  • Managing Partner and Senior Partner DDTC have been acknowledged as expert contributors for reputable national and international academic journals.
  • Highly rated instructors. Our instructors are experienced trainers who consistently receive the highest rating for their presentations, have multidisciplinary educational background and hold world-class international certification, as follows:
    • 2 PhDs from Claremont Graduate University (USA) and the University of New South Wales (Australia);
    • 9 Master’s Degrees in International Taxation from leading universities abroad;
    • 1 Bachelor’s Degree (LL.B) in Taxation Law (Fiscal Recht from Leiden University, The Netherlands);
    • 4 Advanced Diplomas in International Taxation (ADIT) of the Chartered Institute of Taxation (UK);
    • 1 Diploma in International Taxation of International Tax Center, Leiden University, The Netherlands;
    • 11 Certificate Holders of International Tax Certificate from the Chartered Institute of Taxation (UK);
    • 15 Certificate Holders of Transfer Pricing from the Chartered Institute of Taxation (UK).
  • Our topics always keep up with the latest taxation issues which are published via books, InsideTax (a semi-journal magazine), working papers, journals and DDTC News.
  • Interactive training and case studies models.
  • Up-to-date materials, relevant course contents and supported by a dedicated tax research team.
  • To offer high quality training programs, DDTC equips its resources with a library that has more than 2,500 collections pertaining to transfer pricing, international & domestic taxation, and other subjects from reputable publishers and authors.

Our Facilities:

  • Menara DDTC, new office building with new atmosphere, the best and most comprehensive professional training facilities (theater classes, cozy room, new concept and modern design, moot court simulation room, free Wi-Fi, modern facilities, etc.).
  • Library access of more than 2,500 books and taxation journals.
  • Exclusive training kits (goodie bag, notepad, pen).
  • Getting “Kartu Peserta Training” that can be used as a discount card to re-attend our next training programs.
  • Getting “Certificate of Training”.
  • Lunch and coffee break are provided.

Search Event

Inquiry Form

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1 Step 1
Nameyour full name
Telephoneyour full name
Questionmore details
0 / 300
Previous
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Capability Comprehension of Our Participants

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