Heads up! You might want to rethink your ‘sit and wait’ approach when it comes to Transfer Pricing Documentation as the recent updates and changes made indicate that the transfer pricing issues are under the spotlight of the Malaysian tax authority.
Hence, we advise taxpayers to be more attentive when it comes to intercompany arrangements. More importantly, Transfer Pricing documents help to reduce the risks of pricing adjustments, double taxation, inefficient tax planning or worse case – penalties.
If you want to ensure that your Transfer Pricing policy is compliant with the regulations in Malaysia and at the same time, migitate any financial risk for your company – get in touch with us via https://wa.me/60122192492 to discuss further. We are more than happy to help 😊
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