Malaysia's New Transfer Pricing & Pricing Arrangements Rules
Malaysia’s Ministry of Finance released two new rules governing transfer pricing in the country. Read on to learn more.
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Malaysia’s Ministry of Finance released two new rules governing transfer pricing in the country. Read on to learn more.
Tata Steel Ltd has won a Rs 100 crore transfer pricing claim against the revenue department, with the Income Tax Appellate Tribunal ruling in favor of the steelmaker. The tribunal also disallowed interest paid on perpetual non-convertible debentures and provisions for leave encashment, despite the assessing officer's findings.
When multinational companies do not pay their income tax but instead bank it in offshore accounts, the national treasury has missed an opportunity to collect revenue.
In the event of an audit, accurate tax records can be crucial. In this article, Vietnam Briefing breaks down accounting records in Vietnam.
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