Page 30 - AGM Report 2024

ANNUALREPORT 2023|24

Focus Group Tax & Compliance : Transfer Pricing Documentation and Planning Tool
02 June 2023
nd

While UAE corporate Tax became FZE, who took the members through fruitful with active discussion on
effective from 01.06.2023, Team Focus the very basics of what is Transfer practical scenarios raised by members
Group Tax & Compliance does not Pricing and some of the methods to of the focus session to the panelist CA
sleep. This is keeping with the spirit be adopted based on the business or Sameer Kashikar- Manager Accounts
of the ICAI Motto, a session plan was industry to which it best suits for its Payables & Taxation- UAE & GCC Tax
underway for its focus members, to application. She also provided some Expert Jashanmal National Co. and CA
be held well in time after the effective key insights into the practical outlook of Purvi Mehta International Tax Specialist
date of the implementation of the law. a tax auditor based on her experience with Emirates Chartered Accountants
The session was held on the 02 June with other jurisdiction and shared some Group along with CA Lakshmy Seshadri.
2023 at Villa Rotana Ballroom, Sheikh takeaways for businesses to ponder The discussion was moderated by
Zayed Road on the much talked about upon and action on time to ensure co-ordinators CA Malavika Kolera &
topic of Transfer Pricing around its compliance. She also briefly touched CA Aashna Mulgaonkar. The session
documentation and planning tools. upon the importance of documentation was concluded with the presentation
The lead speaker for the session was in this entire exercise and the need of mementos to our speakers and
CA Lakshmy Seshadri- Manager Taxes to have expert advise before it is too panelist with a formal vote of thanks.
& Financial Compliance with BASF late. The panel discussion was made

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