Latest trends on Managing Intragroup Loans in Malaysia
Knowledge • Latest trends on Managing Intragroup Loans in Malaysia
Knowledge • Latest trends on Managing Intragroup Loans in Malaysia
Our take of the latest trends are as follows:
Transfer Pricing Solutions is a boutique transfer pricing firm who works directly with your team,
applying our experience and expertise in transfer pricing to provide, prepare, document and assist in defending your
international related party transactions. Our purpose is to make a difference in the service we provide to our clients by being practical,
proactive and cost-effective.
We can assist your clients with preparation of transfer pricing documentation, country by country (CbC) reporting, master file, comprehensive transfer pricing policy, performing global and local benchmarking comparable searches, providing training designed for CFOs and tax teams and performing transfer pricing controversy and audits.
In multinational enterprises, it is common for parent companies or group service companies to provide intra group services to related parties. These services are outsourced to the group service provider for business convenience and efficiency reasons.
Malaysian Taxpayers who use the 5% markup concession are still required to prepare documentation to address other fundamentals aspects of a service charge.
Transfer pricing refers to the pricing of transactions between related parties, such as sales of goods, provision of services, or financial arrangements. To ensure these transactions are conducted at arm’s length, the Inland Revenue Board of Malaysia (IRBM) requires taxpayers to prepare Transfer Pricing Documentation (TPD).