Transfer Pricing Solutions was recently shortlisted and won the Australian Tax Awards 2020 as a Fast Growing Firm of the Year. Shortly after, we are now shortlisted for the International Tax Review Asia Tax Awards 2020. We are thrilled!
Our nominations for 2020 are:
The ITR Asia Tax Awards recognise remarkable achievements and developments by international tax professionals from the Asia-Pacific (APAC)
region over a 12-month period. Aside from the national awards in 18 jurisdictions, there are also awards in regional, individual and
in-house categories for the best performers.
We thank everyone who has been supporting us throughout our journey. At the same time, we would like to congratulate all the other finalists that are shortlisted.
A happy client and staff is the best business strategy of all!
Shannon Smit Director - Australia
Shannon Smit is the founding director of Transfer Pricing Solutions and has consulted multi-national companies on transfer pricing, taxation and accounting for over 25 years. Transfer Pricing Solutions has been recognized for their expertise, and in 2017 Shannon was thrilled to be awarded Asia Pacific Transfer Pricing Leader of the Year.
Shannon was appointed to the Australian Governments Board of Taxation’s Working Group as an Expert Panel Member for the Review of Tax Impediments Facing Small Business and Shannon also lectures in Transfer Pricing as a part of the Melbourne University’s Law School International Tax Program.
Director - Singapore
Adriana is the co-founder of Transfer Pricing Solutions Asia. Adriana has extensive international experience with Big Four and mid-tier firms advising multinational companies in the areas of corporate and international taxation across South America, the US, Australia and the Asia Pacific Region.
She is a transfer pricing trainer for the Institute of Singapore Chartered Accountants and Singapore Institute of Accredited Tax Professionals. Adriana has also facilitated training sessions for CFOs, tax teams of large companies and consultancies, and tax executives at the Australian Taxation Office.
Hong Chuan Tan
Director - Malaysia
Hong Chuan is the Global Manager of Transfer Pricing Solutions and Director of Transfer Pricing Solutions Malaysia. He has extensive transfer pricing experience across the Asia Pacific region, assisting clients with transfer pricing planning and risk management, Country-by-Country reporting statements, transfer pricing documentation, tax effective supply chain management and dealing with the Malaysian Inland Revenue Board as well as the Australian Taxation Office. Hong Chuan loves writing and is a content writer for Institute of Singapore Chartered Accountants.
Be prepared for potential transfer pricing audits by tax authorities. Ensure that your transfer pricing documentation is readily available, organized, and easily accessible.
There is an increasing focus on transfer pricing documentation for intragroup loans in Malaysia. Tax authorities expect comprehensive documentation that demonstrates the arm's length.
In Singapore Taxpayers are required to review and update your transfer pricing documentation annually to ensure its accuracy and relevance.