International Taxes and Transfer Pricing Workshop -Mandatory Training

INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

International Taxes & Transfer Pricing Workshop
Date: 6th – 7th May 2025
Time: 9.00-4.00PM
Mode Of Delivery: Virtual
(This is one of the mandatory training courses for practicing certificate consideration)

Overview

The world business environment has continued to change in ways that blur borders and extend the reach of enterprises beyond domestic jurisdictions. As cross-border transactions have become more routine, the tax complexities associated with such activities have mounted and the level of scrutiny applied to them has intensified. Compliance regimes are being clamped down globally, multinational groups rethink operating models, and professional accountants are expected to show deeper competence in international taxation regimes and transfer pricing principles. In this setting, practitioners serving clients with either regional or global footprints must therefore balance strategic tax planning with strict adherence to the law.

This workshop aims to provide a reflective yet practical look into international taxation and transfer pricing, focusing on the realities faced by Kenyan entities involved in cross-border arrangements. It combines issues of current concern, regulator expectations, and technical guidance that practitioners need to internalize in meeting their competency obligations. Participants will have a greater insight into how the multinational groups structure their operations, how the tax authorities construe such arrangements, and how accountants can assist in complying without unduly compromising sound commercial decisions.

With the increased attention that the OECD, the African Tax Administration Forum, and KRA are giving to the fair taxation of multinational operations, this workshop will demystify selected technical concepts using case studies and regulatory updates. This is also an avenue through which practitioners can reflect on how domestic tax rules interact with evolving international standards, particularly with respect to transfer pricing documentation, resolution of disputes, and management of tax risks. Each session is structured in a way that enhances both theoretical and practical insights to ensure that participants leave the sessions with information they can apply directly in client advisory, audits, and organization tax planning.

In the end, the program reinforces ICPAK’s commitment to enhancing the professional competence of its members, especially those studying for or maintaining a Practicing Certificate. The workshop deepens appreciation of various international tax dynamics and transfer pricing obligations, thus enabling practitioners to contribute towards ensuring that the profession upholds integrity and, by extension, supports transparent, equitable tax practices in an increasingly interdependent economy.

Areas to be covered: –

1. Overview of International Taxation Frameworks and transfer pricing and Recent global developments
2. Regulatory Frameworks

• OECD Transfer Pricing Guidelines
• Arm’s Length Principle
• Local country TP regulations (overview)
• Documentation requirements: Master File, Local File, Country-by-Country Reporting

3. Understanding Inter-company Transactions
4. Functional Analysis (FAR Analysis)
5. Transfer Pricing Methods

• Traditional transaction methods:
• Comparable Uncontrolled Price (CUP)
• Resale Price Method (RPM)
• Cost Plus Method
• Transactional profit methods:
• TNMM
• Profit Split Method
• Method selection and hierarchy and Strengths and weaknesses of each method

6. Transfer Pricing for Specific Transactions-Intercompany services and management fees, IP licensing and royalties, Cost contribution arrangements (CCAs), Financial transactions.
7. Transfer Pricing Documentation
8. Transfer Pricing Risk Management
9. Practical Case Studies & Workshops- Industry-specific TP issues (manufacturing, technology, financial services etc)
10. Digital economy and TP challenges

Target Audience

The workshop is suitable for tax practitioners, audit professionals, finance managers, consultants, accountants working in multinational organizations, regulatory officers, and members pursuing the Practicing Certificate.

Continuous Professional Development Units (CPD UNITS):

Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the virtual symposium.

Financial Commitment

The symposium charges are Kshs.10,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.

Online Booking

Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking

We call on interested participants to note that booking for the event is available online at www.icpak.com  and will close two hours before the training session.

National Industrial Training Authority (NITA) Reimbursement

The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on, +254 719 074 100,/0719 074 221  or via email to Fredrick Otwori  at fredrick.otwori@icpak.com with a copy to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.