How to Prepare Minimum Transfer Pricing Documentation Workshop (With Updated TP Rules 2023) (2 days)

About Course

If you are doing business in Malaysia and having controlled transactions (e.g. buying and selling of goods and providing services) with associated persons (e.g. common directors/major shareholders, partners and relatives) then you need to prepare transfer pricing documentation (TPD). The new TP Rules 2023 which was gazetted on 29 May 2023, brought a few important changes to the contemporaneous TPD requirements. The new changes pose new challenges to preparing the TPD from YA2023 onwards.

W.e.f. 1/1/2021, penalty of RM20,000-RM100,000 if you cannot provide transfer pricing documentation (any taxable period) to LHDN upon request within 14 days. However, your business is allowed to prepare Minimum TP Documentation (MTPD), if business annual gross income below RM25 million, and total related party transactions not exceeding RM15 million per annum; or provision of financial assistance not exceeding RM50 million for non-financial institutions.

Brochure

— Course Fee: RM 3,500.00 (Inclusive of 8% Service Tax) —

Know the duty to prepare Transfer Pricing Documentation
Understand transfer pricing principles and rules, e.g. Arm’s Length Principle
Update on the latest transfer pricing guide
Prepare organization and ownership structure
Analyse the associated persons relationship
Identified controlled transactions
Select the appropriate transfer pricing method via group discussion
Identified Function, assets and risks (FAR) of the business
Prepare pricing policy using template
Prepare MTPD by reference to toolkits
Analyse matters pertaining to intragroup services

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