Transfer Pricing Jobs in Philippines

We're tracking 2 live transfer pricing roles in Philippines.

About this market

Market context

Transfer Pricing in the Philippines involves setting prices for goods, services, and intangibles traded between related entities within a multinational enterprise. The primary goal is to ensure these transactions are conducted at arm's length, preventing artificial profit shifting and protecting the Philippine tax base.

The Bureau of Internal Revenue (BIR) in the Philippines is the primary regulatory body overseeing Transfer Pricing. The BIR issued Revenue Regulations (RR) No. 2-2013 and Revenue Audit Memorandum Order (RAMO) No. 1-2019, which provide detailed guidelines on transfer pricing documentation and examinations, largely aligned with OECD Transfer Pricing Guidelines. Compliance includes preparing contemporaneous transfer pricing documentation, which must be readily available during a tax audit. Penalties for non-compliance or non-arm's length transactions can be substantial, including surcharges and interest on tax deficiencies.

What's driving demand

  • Increased BIR Scrutiny on Intra-Group Transactions
  • Growth of Multinational Corporations in the Philippines
  • Updates to OECD BEPS Actions impacting local regulations
  • Need for robust transfer pricing documentation to mitigate audit risks

Regulatory timeline

  • 2020-12-16BIR Revenue Regulations No. 34-2020 on Advance Pricing Arrangements (APAs)In Effect
    source
  • 2019-01-31BIR Revenue Audit Memorandum Order (RAMO) No. 1-2019 on Transfer Pricing Audit GuidelinesIn Effect
    source

Credentials that matter

  • Certified Public Accountant (CPA) Philippinesessential
  • International Tax/Transfer Pricing Certifications (e.g., ADIT - Advanced Diploma in International Taxation)valued

Skills & tools

OECD Transfer Pricing GuidelinesBIR Revenue RegulationsEconomic Analysis (Comparability Studies)Financial ModelingData Analysis (e.g., Excel, Alteryx)Tax Research Software (e.g., BNA, IBFD)Transfer Pricing Documentation Software

Frequently asked

What is transfer pricing in Philippines?
Transfer Pricing in the Philippines involves setting prices for goods, services, and intangibles traded between related entities within a multinational enterprise. The primary goal is to ensure these transactions are conducted at arm's length, preventing artificial profit shifting and protecting the Philippine tax base.
How does transfer pricing work in Philippines?
The Bureau of Internal Revenue (BIR) in the Philippines is the primary regulatory body overseeing Transfer Pricing. The BIR issued Revenue Regulations (RR) No. 2-2013 and Revenue Audit Memorandum Order (RAMO) No. 1-2019, which provide detailed guidelines on transfer pricing documentation and examinations, largely aligned with OECD Transfer Pricing Guidelines. Compliance includes preparing contemporaneous transfer pricing documentation, which must be readily available during a tax audit. Penalties for non-compliance or non-arm's length transactions can be substantial, including surcharges and interest on tax deficiencies.
What credentials matter for Transfer Pricing (Philippines) roles?
Employers most often look for: Certified Public Accountant (CPA) Philippines, International Tax/Transfer Pricing Certifications (e.g., ADIT - Advanced Diploma in International Taxation).
Which tools and systems appear in Transfer Pricing (Philippines) job specs?
Commonly cited: OECD Transfer Pricing Guidelines, BIR Revenue Regulations, Economic Analysis (Comparability Studies), Financial Modeling, Data Analysis (e.g., Excel, Alteryx), Tax Research Software (e.g., BNA, IBFD), Transfer Pricing Documentation Software.
How many Transfer Pricing (Philippines) roles are live right now?
2 live roles on taxjobs.ai.