Benchmarking and Valuation

Roadmap for conducting a transfer pricing comparability analysis

• Importance of conducting a proper comparability analysis
• Introduction of step approach to conduct a comparability analysis
• Impact of COVID-19
• Case law decision – comparability analysis

Identifying comparables – tangible assets and intragroup services

• Designing a search strategy for intragroup transactions involving tangible assets and services
• Practical aspects of dealing with lack of comparables and use of regional searches and other approaches

Identifying comparables – financing transactions and intangible assets

• Comparability search approach towards financing transactions
• Comparability search approach towards intangibles transactions (licensing)
• Case law example

Comparability adjustments and determining the range

• Explaining the different types of comparability adjustments and when each of them is relevant, step approach to calculating working capital adjustments
• On impact of economic crisis on comparability adjustments

Pricing of loans and guarantees

• On practical aspects of pricing loans and guarantees
• On model answers pricing exercises

Valuation of intangibles

• On the typical valuation process with step approach
• On the Discounted Cash Flow Method
• On the Coast Based Approach

Valuation of intangibles (continued)

• On the application of a Market Based Approach
• On the application of an Income Based Approach
• On the use of valuation techniques with respect to hard-to-value intangibles

• Identifying the nine steps in conducting a comparability analysis
• Defining the importance of conducting a proper comparability analysis
• Assessing the impact of COVID-19 and other crises on comparability
• Enumerate different approaches to designing a search strategy involving tangible goods, services, intangibles, and financing
• Discussing the use of different valuation approaches for intangibles
• Identifying the different types of comparability adjustments and a step-by-step approach to calculate working capital adjustments

• Frank Schwarte, Atlas | The Netherlands 
• Gijs van Koeveringe, Houthoff | The Netherlands
• Olaf Smits, Ectacon | The Netherlands 
• Rezan Ökten, Houthoff | The Netherlands
• Sebastian Frankenberg, Hermes Advisory | The Netherlands
• Sharvari Kale, IBFD | The Netherlands
• Taco Wiertsema, Atlas | The Netherlands
• Vladimir Zivkovic, Baker McKenzie | The Netherlands
• Zachary Somers, IBFD | The Netherlands
• Min Shi, IBFD | The Netherlands
• Sharvari Kale, IBFD | The Netherlands

The course is open for all; however, it would be highly beneficial for:

• Tax lawyers from law/and or accounting firms
• Tax/TP managers of law/accounting firms
• Tax/TP managers/directors of MNEs
• Finance manager/controllers/treasury managers of MNEs
• Tax inspectors from tax administrations

This course is also beneficial for individuals preparing for CIOT ADIT Module 3.03 – Transfer Pricing option, though it is not specifically designed for the ADIT. More information about this qualification can be found on the CIOT ADIT website.

No advance preparation is necessary. All required study material is provided within the online training.

Access to the online course is granted for a period of 2 months, from the date of ordering or the indicated start date.  

Mandatory course activities: 9 hours and 5 minutes

All mandatory course activities can be completed within the access period by dedicating approx. 1 hour 15 min of study per week. Please note that study materials included in the course or certificate programme will be accessible for the duration of the access period only. Non-mandatory supplementary material is also provided in this course. 

We recommend you check with your respective accrediting organizations to determine the eligibility of CPE credits for this course.

International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of CPE on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Issues regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:  www.nasbaregistry.org.

Recommended NASBA CPE credits for this course is: 12

See our FAQ section for more information. Regarding administrative policies such as complaint, cancellation or refund, please refer to our Terms and Conditions or contact us at info@ibfd.org. 

Please note that the content of this online course is subject to change based on updates in industry standards, regulatory requirements, and other developments. We strive to provide the most accurate and current information; however, we recommend verifying any critical details independently.

Please note that the job titles and professional affiliations of the instructors and contributors to this course reflect their positions at the time of production and/or recording and may no longer be current.

IBFD offers a group discount on this product. Eligibility is as follows:
For 5–9 registrations in a group, a 5% discount is automatically applied to the order.
For 10 or more registrations in a group, a 10% discount is automatically applied to the order.