The Malaysian Finance Bill 2020 was released following the tabling of the Malaysian 2021 Budget on 6 November 2020. The Finance Bill 2020 incorporates transfer pricing-related changes to the current Income Tax Act, 1967 (“ITA”).
The Covid-19 pandemic has triggered the most severe recession in 2020 and is causing enormous damage to the world economy. The economic downturn will impact a group’s transfer prices, analysis and documentation, more so with the BEPS Action Plans in place and the high level of transfer pricing scrutiny across the globe.
Need a coffee break? Take a five minute and watch #5MinutesTP Episode 4.
Part two about #transferpricing and services transactions, how to price intra-group services
Need a coffee break? Take a break and watch #5MinutesTP Episode 3, #transferpricing for services, trips and traps on how to price services transactions
Grab a coffee and relax watching #5MinutesTP Episode 2 , All you need to know about #transferpricing documentation?