Comprising all of 180 pages long excluding appendices, the TP guide certainly has gotten the attention of many businesses and the tax community, both in Malaysia and Singapore.
How are the rules applied in the guidelines? What are the notable areas to bear in mind for businesses? What are the key areas to note for companies that have cross-border presence in both Singapore and Malaysia?
Be familiar with the key intricacies of Malaysia’s TP audit framework. For example, a comprehensive transfer pricing audit can cover a period of up to six years of assessment. However, this may be extended to seven years of assessment when the Inland Revenue Board of Malaysia raises transfer pricing adjustments.
Join the team from Transfer Pricing Solutions Asia – Accredited Tax Advisor (Income Tax) Ms Adriana Calderon, Director, Asia and Malaysia, Mr Samuel Tay, Transfer Pricing Manager, and Mr Bing Jing Yam, Transfer Pricing Manager, Asia, in these sessions that promise to pack a punch into the realities following the publication of these two key publications.
- Know what has been published in the guidelines and framework
- Be familiar with Malaysia’s transfer pricing regime vis-à-vis Singapore’s
- Distil the similarities and differences to understand the tax implications
- Know the practical considerations and key pointers to note for businesses in Singapore with presence in Malaysia
4 April, Friday, 10.30am: The New Transfer Pricing (TP) and TP Audit Guidelines in Malaysia – Part 2: TP Audit
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