Malaysia TP Documentation can include either Full TP Documentation or Simplified TP Documentation. Having transfer pricing documentation prepared by the Malaysia taxpayers will provide IRBM with useful information to conduct an informed transfer pricing risk assessment and thorough audit.
Intercompany loans, a common related-party transaction for many organisations, continues to get much attention in the Transfer Pricing
Malaysia has stepped up on the reviewing of TP methods and documentation. As such, careful deliberation must be exercised when selecting the most suitable TP method.