HRDF HRDC HRD Corp Claimable Transfer Pricing Training
HRDF | HRDC | HRD Corp Claimable Transfer Pricing Training
The transfer pricing landscape is complex and constantly evolving. This is evident by the recent gazetted Income Tax (Transfer Pricing Rules) 2023 which takes effect from year of assessment 2023 and subsequent assessment years. Company personnel are facing an uphill task to understand the technical meaning of transfer pricing principles stipulated by the Malaysia law, and the rules and guidelines that govern companies with controlled transactions. Incorrect information submitted to LHDN attracts additional penalty. The required information by LHDN, in respect to transfer pricing controlled transactions, can be quite daunting to taxpayers (companies), tax managers and the designated personnel who are unfamiliar with the knowledge of transfer pricing principles.
This training is purposefully designed to provide participants with knowledge and a run-through of the required knowledge, elements and the process in preparing minimum transfer pricing documentation. A step-by-step approach helps in guiding participants to understand the changes in the Income Tax (Pricing Transfer) Rules 2023, how to formulate their pricing policies, identify relevant transfer pricing issues and how to prepare a Contemporaneous Minimum Transfer Pricing Documentation.
Training Objectives
● Participants to understand the changes in Income Tax (Transfer Pricing) Rules 2023,
understand relevant transfer pricing issues, formulate pricing policies and how to prepare a
contemporaneous Minimum Transfer Pricing Documentation.
Training Outcome
● Participants should be able to understand the changes in Transfer Pricing Rules 2023, how
to formulate & document pricing policies and to prepare a contemporaneous minimum
Transfer Pricing Documentation.
Training Duration & Class Size
● Physical Training: 2 Days (16 hours in total)
● Attendee Count: Maximum of 15 pax
Target Audience
● Directors, CEO, CFO, Director of Finance, Head of Departments and Tax Manager
Training Methodology
● Lecture, Facilitation, Active interactive discussion, Q&A
Contact us for HRDF | HRDC | HRD Corp Claimable Transfer Pricing Training ( Corporate & Personal Coaching )
Call / WhatsApp +6 010 220 6800 for Corporate Training
Autogenerate Quotation for Courses
Course Features
- Lectures 0
- Quizzes 0
- Duration 21 Hours
- Skill level All Levels
- Language English / Malay
- Students 1178
- Assessments Yes
DAY 1
9.00 am - 9.30 am
Topic: Legal Framework of Transfer Pricing Principles in Malaysia
Content: Understanding the laws and regulations governing transfer pricing principles in Malaysia.
9.30 am - 10.30 am
Topic: New Transfer Pricing Rule 2023
Content: Exploring the changes to the Transfer Pricing Rules 2012.
10.30 am - 11.30 am
Topic: Characterization of Different Types of Business Activities
Content: Understanding the unique aspects of manufacturers, distributors, and service providers.
11.30 am - 1.00 pm
Topic: Types of Controlled Transactions
Content: Identifying various controlled transactions, including sales and purchase of goods, services, intra-group services, financial assistance, and intangibles.
1.00 pm - 2.00 pm
Lunch Break
2.00 pm - 4.00 pm
Topic: Types of Transfer Pricing Methods and Their Application
Content: Exploring transfer pricing methods such as Comparable Uncontrolled Price, Resale Price Method, Cost Plus Method, Profit Split Method, and Transactional Net Margin Method.
4.00 pm - 4.30 pm
Topic: Pricing Policy
Content: Discussing the elements to consider when constructing pricing policies.
4.30 pm - 5.00 pm
Topic: Q&A (Questions and Answers)
Content: Addressing participants' questions related to the topics covered.
5.00 pm
Training ends
DAY 2
9.45 am - 10.30 am
Topic: New Transfer Pricing Rule 2023 Schedule 2
Content: Further examination of the New Transfer Pricing Rule 2023.
10.30 am - 11.30 am
Topic: Delineation of Controlled Transactions
Content: Learning how to accurately delineate a controlled transaction.
11.30 am - 1.00 pm
Topic: Comparable Studies
Content: Understanding the elements and purpose behind conducting comparable studies, and how to perform them.
1.00 pm - 2.00 pm
Lunch Break
2.00 pm - 4.00 pm
Topic: The Process of Writing Transfer Pricing Documentation
Content: Exploring the steps and best practices in preparing transfer pricing documentation.
4.00 pm - 4.30 pm
Topic: Supporting Documents
Content: Discussing the types of supporting documents required and their purpose.
4.30 pm - 5.00 pm
Topic: Q&A (Questions and Answers)
Content: Providing participants with the opportunity to ask questions and seek clarification.
5.00 pm
Training ends
This structured program ensures comprehensive coverage of transfer pricing principles, laws, methods, and practical aspects over the two-day training period.
