Short Course in the Fundamentals of Transfer Pricing

Transfer pricing is a complex specialty that represents a unique blend of tax law, accounting, business practice and economics and remains a top priority for corporates and revenue authorities globally, with a growing emphasis on audits and disputes. This short learning programme covers the main aspects of transfer pricing with examples including transfer pricing methods, the arm’s length principle, functional analysis and comparability.

Mode of delivery

This Short Course will be presented on The Tax Faculty’s online learning Campus. Refresh your foundational knowledge anytime from anywhere!

Duration and effort

This Short Course will be available to learners to complete at their own time and pace.

  • Video hours: 6 hours
  • Approx Reading hours: 60 hours
  • Recommend Length to complete: 12 weeks

What you will learn in this course

The following modules will be covered:

  •  Transfer pricing introduction.
  •  Fundamental sources.
  •  Arms length principle.
  •  Functional & Risk analysis.
  •  Transfer pricing methods.
  •  Comparability analysis.

Outcomes:

  • Explain the South African transfer pricing requirements with relevant legal referencing to the different sections/Acts.
  • Calculate a service fee that can be supported by the arm’s length principle.
  • Identify the comparability factors, apply a functional analysis and distinguish the steps to perform a comparables search.
  • Identify the transfer pricing methods, assess the strengths and weaknesses of each method and define when and how to apply the transfer pricing methods.

Pre-Requisites

  • A basic understanding of income tax framework and accounting.
  • Digital literacy and numeracy.
  • A PC/Laptop with access to high speed internet.

This course is for:

  • Accountants.
  • Tax Practitioners.
  • Financial managers. of multinational entities.

Accreditation

This course is presented as a short learning programme (SLP) by The Tax Faculty (TTF). TTF is recognised as a continuous professional development (CPD) provider by controlling bodies accredited in terms of the Tax Administration Act, 2011 (Act No 28 of 2011), and holds accreditation with the Quality Council for Trades and Occupations (QCTO) as a skills development partner (SDP) under the Skills Development Act, 1998 (Act No 97 of 1998).

Assessment and award of certificate

A number of self-assessments are included in the course. Learners are assessed via a final integrated assessment. Successful learners will receive a SLP certificate of competence issued by The Tax Faculty. In addition, this just-in-time learning programme also qualifies for 5 verifiable Tax CPD hours.

Course fee

Once-off payment

Once off immediate payment to gain access to the course in total of: R4 950.00.

*No flexibible payment plans available on this course.

Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course. The once-off payment is required to be paid in order to gain access to start the course. 
  • Kindly note that should payment terms not be adhered to; legal action will be taken and access to the online learning platform suspended.
  • Proof of payment will be requested before access to the online platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.

Conditions

For all short learning programmes (SLPs) with a seven-month or less rollout period, the following will apply:

  • If the cancellation is requested more than 10 working days prior to the course release date, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the course release date, a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.
  • Students who have failed to successfully complete the course, and wishing to repeat will be charged the full course fee to repeat.

Why wait?

This Short Course provides a strong foundation for the Professional Certificate in Transfer Pricingn, enabling a smoother transition into more advanced and comprehensive learning. Reserve your spot today and take the first step toward mastering Transfer Pricing!

Skill Level: Beginner