Form C YA 2022: Are you a Permanent Establishment (PE) as defined under the TP Rules?
Derivation of income under s 12 of the Income Tax Act 1967 The circumstances under which business income would be considered to be derived from Malaysia and so taxed in Malaysia are outlined in Section 12 of the Income Tax Act 1967 (ITA). To complement Section 12, the Income Tax Act was updated with new […]
Form C YA 2022: Involved in Cost Contribution Agreement?
Recent changes to the Form C Recent changes were made to Form C by the Inland Revenue Board in preparation for the YA 2022. One of the most critical changes is for those businesses participating in transfer pricing arrangements. As a result, the disclosure items have been significantly expanded to cover new areas. These new areas include stating the characterisation […]
Form C YA 2022: Cash Pooling Arrangements and Transfer Pricing
Recent changes to the Form C Recent changes were made to Form C by the Inland Revenue Board in preparation for the YA 2022. One of the most critical changes is for those businesses participating in transfer pricing arrangements. As a result, the disclosure items have been significantly expanded to cover new areas. These new areas include stating the characterisation […]
