The Malaysian Institute of Accountants (MIA) has organised a transfer pricing conference in Kuala Lumpur on 15 July 2019. The conference is aimed for participants to master the current and future #transferpricing practices in #Malaysia.
Malaysian Budget 2019 ushered in key changes impacting the transfer pricing environment. In addition to tracking the impacts of Budget 2019, tax experts and industry players will need to get up to speed with the latest developments in areas such as Base Erosion and Profit Shifting (BEPS), Country-by-Country Reporting (CbCR), Intra-Group Financing services, Analysis of Contractual Terms and Anti-Avoidance provisions, in order to enhance compliance with the current Transfer Pricing regulations and policies to avoid punitive action by the tax authorities.
The Conference seeks to provide insights into:
The conference is packed with a number of hot topics in relation to the key areas in #transferpricing that #tax experts must master in order to avoid being penalised by tax authorities and improve the profitability of your organisation in the long run. Click here for details of the agenda.
We are delighted to announce our participation as exhibitors in the MIA Transfer Pricing Conference 2019. Come and say hi to our booth
and if you want to meet or reconnect with the members of our team, please feel free to contact us at
With the new transfer pricing changes in Malaysia and the new transfer pricing documentation standard, a benchmarking analysis that is reliable and defendable, is key when preparing transfer pricing documentation. For this reason, we have compiled key tips that in our experience will help you getting a benchmarking analysis right.
The Inland Revenue Board of Malaysia (“IRBM”) adopts the arm’s length principle as a basis to determine the transfer price of a transaction between associated entities. Arm’s length price is the price which would have been determined if such transactions were entered between independent entities under the same or similar circumstances.
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.