Demystifying the Arm’s Length Principle in Malaysian Transfer Pricing
Introduction The arm’s length principle is a fundamental concept in transfer pricing that ensures fairness and accuracy in transactions between associated persons. In Malaysia, the application of the arm’s length principle is explicitly required for related party transactions involving the acquisition or supply of property or services. This blog post aims to provide an in-depth […]
Understanding Transfer Pricing Regulations in Malaysia: A Comprehensive Analysis
Introduction Transfer pricing regulations play a crucial role in ensuring fair taxation and preventing profit shifting in related party transactions. In Malaysia, the statutory rules, regulations, and circulars governing transfer pricing are primarily defined in Section 140A of the Income Tax Act, 1967 (ITA). This blog post aims to provide a detailed understanding of the […]