HRDF HRDC HRD Corp Claimable Transfer Pricing Training
A Step-by-Step Technical Workshop: How to Prepare Minimum Transfer Pricing Documentation – based on Transfer Pricing Rules 2023
Overview
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