Do you need to further understand the Transfer Pricing compliance requirements in Malaysia?
Is your TP documentation compliant with the Inland Revenue Board (IRB) IRB’s requirements and expectations?
Do you need assistance in assessing and quantifying your Transfer Pricing risks and advice on mitigating measures?
Do you want to know what to expect in a Transfer Pricing audit and how you can prepare for it?
Do you need assistance with Transfer Pricing audit defence?
Do you need assistance with dispute resolution?
Do you want to consider alternative means of dispute resolution?
To avoid a Transfer Pricing audit, do you want to consider a Voluntary Disclosure or an Advance Pricing Arrangement?
Transfer Pricing
Our Solution - TG Consulting Can Help
Customised Transfer Pricing Training
ESG (environmental, social and governance ) concerns have the public and shareholders demanding transparency and accountability. As a certified trainer for HRD Corporation, we can design and customize a training plan for your organization starting at Board level, CFO and Heads of departments and Tax and Finance teams. It is important for all to be aware of tax governance and the role that each department plays in ensuring good tax governance.
Transfer Pricing Documentation
With our extensive experience in assisting many multinationals and domestic groups in arriving at amicable solutions with IRB, TG can help you with preparation of audit ready Transfer Pricing Documentation. Our approach to tax audit management can help you to enhance access to essential data, expedite responses to information requests and proposed tax adjustments.
Risk Assessment/Tax Governance
The first step to good tax governance is to identify and assess a company’s tax risk. TG can assist with assessment of Transfer Pricing risk areas and quantification of the potential impact of Transfer Pricing risk. We can also advise on options to mitigate Transfer Pricing risks and to minimize penalties.
Transfer Pricing Audit Defence
In the event of an audit, TG can help you and your team prepare for the audit and assist you with strategies in arriving at amicable conclusions. We deliver an informed and practical perspective on transfer pricing audits.
Dispute Resolution
Where the audit cannot be settled amicably and disputes arise, TG can assist with appeals, developing technical arguments, representation with authorities at Dispute Resolution and Special Commissioners of Income Tax (SCIT) level. We can help companies advance negotiations with tax authorities and manage penalty exposures. Where the dispute involves entities in different tax jurisdictions, our team who has experience in alternative dispute resolution can assist.
Advanced Pricing Arrangements (APA)
For certainty of your Transfer Pricing matters, TG can assist with negotiations of APAs to avoid disputes and minimise Transfer Pricing exposure in future periods. Our team has experience in concluding both bilateral and unilateral APAs. TG can advise on the strategy for the APA, pre-filing application and meetings and submission of the APA application and liaison with IRB.
