Transfer pricing by it's very nature is complex. Our videos addresses some of the more commonly encountered TP issues and explains in clear, easy to understand terms. If you have a more specific query that we have not addressed, please get in touch.
The Malaysian Finance Bill 2020 was released following the tabling of the Malaysian 2021 Budget on 6 November 2020. The Finance Bill 2020 incorporates transfer pricing-related changes to the current Income Tax Act, 1967 (“ITA”).
Can mark up be reduced? Can the service be suspended? Benefit test issues if services provided remotely? Can abnormal expenses be excluded?
Can the royalty be suspended? Can the royalty be reduced? Issues with service provider?