Simplified vs Full Transfer Pricing Documentation in Malaysia

KnowledgeSimplified vs Full Transfer Pricing Documentation in Malaysia

Transfer Pricing in Malaysia

The arm’s length principle is the international standard to determine transfer price and is applicable to all Malaysian taxpayers that entered into a controlled transaction. In Malaysia, taxpayers are required to prepare and maintain contemporaneous transfer pricing documentation annually to prove compliance with the arm’s length principle.

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Transfer Pricing Solutions Malaysia can assist with the preparation of TP documentation locally and regionally, Master File and Local File to comply with the OECD and also local legislation.

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