The Top 5 Most Important Transfer Pricing Methods
[vc_row][vc_column][vc_column_text]Do you know how many TP methods are there? Do you know which TP method best suit your company as a group? There are generally 5 important TP methods that you need to take note. The first method is the Comparable Uncontrolled Price Method or C.U.P. The CUP method is the most straight forward TP […]
Capital & Revenue Tax
[vc_row][vc_column][vc_column_text]What is the difference between capital and revenue tax. Which one is taxable? The conceptual difference between capital and revenue tax is that tax paid on income earned from wages, rent, interest and business are termed as revenue tax whereas capital tax is generally referred to tax paid on sale or exchange of an asset […]
Tax Residence of a Company
[vc_row][vc_column][vc_column_text]Let us discuss the determination of tax resident status of a Malaysian company. Section 8(1)(b) of the Income Tax Act refers to a resident status of a company. A company is said to be a resident if the control and management of its business are exercised in Malaysia. Control and management does not necessarily equate […]
