TRANSFER PRICING 2012 - IRBM TRANSFER PRICING GUIDELINES 2012

Abstract

Inland Revenue Board of Malaysia has issued a new Transfer Pricing Guidelines (N1) and Advance Pricing Arrangement Guidelines (N2). While the Rules cover the application of Sections 140A (N3) and 138C (N4) of the Income Tax Act 1967, the Guidelines are intended to explain administrative aspects of the Rules.

As per title, we are mainly focus on the item N1 and N3 (Transfer Pricing) in this topic discussion which the guideline been published by 10^th August 2012.

Here provide you a summary of content and further discussion from the summary by click in to the link:-

(Note: Kindly advice if there is any omission or mistake noted. Your feedback is highly appreciated. Thanks very much!!)

Please come to my skeleton at:http://msiataxjunior.blogspot.com/2012/09/irbm-transfer-pricing-guidelines-2012.html

IRBM TRANSFER PRICING GUIDELINES 2012 SUMMARY

_{**N1                                     :For Transfer Pricing Guidelines, please refer to:}

_{http://www.hasil.gov.my/pdf/pdfam/MalaysianTransferPricingGuidelines2012.pdf}

_{**N2                                     :For Advance Pricing Arrangement Guidelines, please refer to:-}

_{http://www.hasil.gov.my/pdf/pdfam/MalaysianAPAGuidelines2012.pdf}

_{**N3                                     :For 140A. Power to substitute the price and disallowance of interest on certain transaction, kindly refer to:}

_{http://www.hasil.org.my/pdf/pdfam/14680.pdf}

_{**N4                                     : For 138C. Advance Pricing Arrangement, please refer to:}

_{http://www.hasil.org.my/pdf/pdfam/14679.pdf}

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OECD Transfer Pricing Discussion 

Beyond the exact IRBM Transfer Pricing Guideline 2012, I may also recommended you can refer to the Organization for Economic Co-operation and Development (OECD) discussion on International Transfer Pricing which considered the main and ultimate transfer pricing research body.

OECD official website: http://www.oecd.org/ctp/transferpricing/

Other relevant website:

Transfer Pricing Introduction:-

http://www.oecd.org/ctp/transferpricing/abouttransferpricing.htm

Transfer Pricing Country Profiles:-

http://www.oecd.org/ctp/transferpricing/transferpricingcountryprofiles.htm

OECD ARTICLES OF THE MODEL CONVENTION

http://www.oecd.org/tax/taxtreaties/1914475.pdf

MULTI-COUNTRY ANALYSIS OF EXISTING TRANSFER PRICING  SIMPLIFICATION MEASURES

http://www.oecd.org/tax/transferpricing/50517144.pdf

OECD Transfer Pricing Guideline for Multinational Enterprises and Tax Administrative

http://oecd.mofat.go.kr/webmodule/common/download.jsp?boardid=11077&tablename=TYPE_LEGATION&seqno=02e002faa02406ef82fcef8a&fileseq=052fb905effb021051031072

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