Transfer Pricing & Intangibles
High level distance/online learning course on the accurate and complete taxation and valuation of Intellectual Property (IP) and other Intangible Assets
Transfer Pricing & Intangibles – mode of study
Option 1: Distance/online learning course
Option 2: In-company course, fully in-class or blended
Transfer Pricing & Intangibles – one of the most important areas of Transfer Pricing today!
With the shift towards a more knowledge-based and service-oriented economy, intangible assets such as trademarks, brands, patents, know-how and technology, account for an increasing part of the business value. The accurate and complete taxation and valuation of Intellectual Property (IP) and other intangible assets is therefore essential.
Transfer Pricing & Intangibles – what will you learn?
Intangibles is one of the most important areas of Transfer Pricing at the moment. Chapter VI of the 2017 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations describes special considerations for intangibles. In this unique distance/online learning course your instructors will look at intangibles from the complementary perspectives of Transfer Pricing and valuation. The instructors provide a framework in order to capture the various characteristics of Intellectual Property (IP). Next, they touch upon the methods that have been provided by the OECD to establish arm's length pricing or valuation of intra-group transactions of Intellectual Property (IP), as well as the practical implementation of these methods.
This unique, distance/online learning course on Transfer Pricing & Intangibles is a must for Corporate Tax and Intellectual Property Legal Counsels, Intellectual Property and Licensing Executives, in-house Transfer Pricing Managers, Advisors Transfer Pricing, International Tax Executives, Tax Directors, Accountants, Tax Inspectors, Controllers and CFOs, Tax Attorneys and Solicitors, CPAs and Lawyers, and many other professionals.
There are no specific requirements for succesfully studying this top level Transfer Pricing & Intangibles course.
The Transfer Pricing & Intangibles course is only available in English.
Continuing Professional Education (CPE)
It should be noted that the course on Transfer Pricing & Intangibles may qualify for CPE credits, pursuant to the rules of a number of professional associations. Participants are encouraged to check with their professional association to determine eligibility in this respect.
The distance/online learning course on Transfer Pricing & Intangibles consists of 7 lessons, each of which will require an average of 4 hours of self-study.
Level of the course
The course on Transfer Pricing & Intangibles is written on a higher educational level.
Why a distance learning course?
IMF Academy uses distance/online learning as an alternative and a complement to traditional in-class trainings in order to make high level course materials accessible to large audiences worldwide. The greatest advantage is not to be confined by such constraints as geographical location and time. Any client, anywhere in the world, can benefit from IMF Academy's distance learning programs at a time and place convenient to him or her.
Advantages of the distance/online learning course on Transfer Pricing & Intangibles
The distance/online learning course on Transfer Pricing & Intangibles has numerous advantages for you:
- You may compare the study material of this course with the information you would get from a 4-day in-class training on Transfer Pricing & Intangibles
- All lessons are equipped with cases, best practices and literature references
- You can study the course where, whenever and in the pace you like
- All lessons are equipped with questions (and answers) to check your knowledge
- The study material will serve as a reference work you will often use
- No travel expenses and accommodation cost, and no loss of working days
- Studying a distance/online learning course is far more cheaper compared with an in-class training. Estimations are that you/your company save 40%-60%.
The Transfer Pricing & Intangibles course is assessed by former subscribers with a 9!
The following courses could be of interest in addition to the course on Transfer Pricing & Intangibles:
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An in-company course (fully in-class or blended) on Transfer Pricing & Intangibles has many advantages and:
- Saves you and your colleagues time, travel and accomodation costs
- Enables you to train in the comfort of your own working environment
- Can be arranged at a time convenient for you
- Sensitive issues can be openly discussed because there are no outsiders
- Can be arranged for groups with a minimum of 5 people
For more information on this Transfer Pricing & Intangibles course, the in-house possibilities or for any other question, please contact us directly at +31 (0)40 - 246 02 20 or send an e-mail to firstname.lastname@example.org.
Transfer Pricing & Intangibles – Content
This Transfer Pricing & Intangibles course provides thorough information about the accurate and complete taxation and valuation of Intellectual Property (IP) and other Intangible Assets.
Transfer Pricing and Intangibles – Introduction
Today, intangible property generally represents between 40-80% of value-add of multinational enterprises (MNEs), making it a key component of a MNEs value chain. Intangible property includes business rights associated with commercial activities, including marketing activities. Intangible property will not always be shown on the balance sheet of a company, and often intangible property attracts a considerable risk, e.g. contract or product liability.
Given that Transfer Pricing issues pertaining to intangibles are a key area of concern to governments and taxpayers, the OECD found that updating Chapter VI and VIII of the OECD Transfer Pricing Guidelines has become an increasingly important issue in the evolution of new business realities and subsequent adaptations to the Transfer Pricing regulations.
- The evolution of the MNE and the importance of intangibles
- OECD Definition of Intangible Property
- How do emerging jurisdictions (i.e. BRICS) deal with intangibles?
- Transfer Pricing and intangibles: 4 functional variables
- Locating Intellectual Property (IP) in tax advantaged jurisdictions
- Transfer Pricing Risks (I): Court Cases on intangibles
- Transfer Pricing Risks (II): Corporate Reputation at Risk Through SEC Disclosure of Intercompany Transactions
Intangibles – Transfer Pricing labels, identification and ownership
Lesson II evaluates the labels that are applied to intangibles in the context of Transfer Pricing by utilizing 4 functional variables. The definitions of intangibles are evaluated from a legal, tax and accounting perspective. The lesson examines methods for applying labels to intangibles and how to properly identify the rightful owners and which entity is entitled to the returns related to an intangible.
- Definition of intangibles
- Labelling of intangibles
Valuation of Intangibles
Lesson III provides a clear picture of the various aspects of assessing the value of an intangible for Transfer Pricing purposes. This is accomplished through providing relevant background information, introducing components of valuation methods and applying the ideas to real world examples of highly valued companies that utilize intangibles in their business models. After introducing these concepts, practical methods of assessing value are examined.
- When and why intangible assets are valuable
- Companies with highly valued intangibles
- Why and when are intangibles valued?
- Price, value and cost
- Generally accepted valuation approaches
- Determining the discount rate and capitalization rate
- Business Restructuring and Valuation, Chapter IX, OECD
Business Models – Intellectual Property (IP) configurations
Lesson IV describes how and where intangibles are located in the value chain of multinational enterprises. This is accomplished through evaluating business models from a general business/commercial perspective as well as from a Transfer Pricing perspective. Case studies and questions to evaluate different practical examples are included in this lesson.
- Overview of business models from a commercial perspective
- Transfer Pricing and general corporate tax considerations of each model
- Model implementation, high level guidance on implementing each of the above mentioned models, including a legal framework for managing Intellectual Property (IP)
- Case study
- Questions with model answers
- Multiple choice questions
- Answers to open and multiple choice questions
Intellectual Property (IP) law and Transfer Pricing
Lesson V examines the legal system surrounding Intellectual Property rights. The lesson provides a brief history of Intellectual Property rights in the legal context, discusses the future of Intellectual Property rights, and looks at the different types of legally recognized Intellectual Property rights. The lesson further explores on the legal aspects of Intellectual Property exploitation, Intellectual Property management and Intellectual Property transfer. How to protect intangibles through Intellectual Property law, corporate law, contract law and labour law is also examined.
- Brief History of Intellectual Property
- Future of Intellectual Property
- Appearance of Intellectual Property
- IP exploitation
- IP management
- IP transfer
Intangibles – accounting definitions
Lesson VI provides a high level overview of the accounting standards relating to intangible assets. The lesson focuses on the recognition and measurement of intangibles according to accounting principles. The lesson examines the differences in valuation of Intellectual Property according to IFRS, US GAAP and Canadian Gaap.
- Introduction intangibles
- Recognition of intangibles
- Subsequent measurement
Transfer Pricing & Intangibles – corporate income tax aspects
Lesson VII outlines the corporate income tax aspects related to intangibles and Transfer Pricing. The lesson touches on many tax aspects, including amortization, tax credits, capital gains tax, value-added tax, and more. Several examples from different countries are provided to highlight how intangible property is taxed around the world.
- Initial Intangible Asset Value
- Amortization/Decrease in the Value of Intangible Assets
- R&D Tax Credit
- Innovation Box/other Incentives
- Replacement Reserve
- Withholding Tax on Royalty Payments
- Capital Gains Tax
- Business Restructuring and Related Taxes
- Purchase Price Allocation
- Beneficial/Economic/Legal Ownership
Your highly acclaimed instructors are all member of TPA Global, a solution house in 60+ countries on business, tax and technology. The chief editor of this course is:
Steef Huibregtse is the founder and CEO of Transfer Pricing Associates (TPA) Global. Steef has more than 30 years experience in the area of Transfer Pricing strategy, value chain analysis, digital transformation and data factories, risk management, design, documentation, controversy management and implementation. Steef recently launched a global tax controversy platform with 'the best in class litigators and mediators'. Steef himself frequently acts as expert witness on global/regional Transfer Pricing/BEPS disputes.
Start date(s)You may start with the 'Transfer Pricing & Intangibles' course on any date that suits you. After receipt of your payment, you receive the full course on paper. You also receive a personal log-in code for the online version of the course for the period of one year.
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