Incorporating Corporate Governance in Business Operation Process
This is my 4th article in my Corporate Governance miniseries. To recap, my first article is the introduction of corporate governance followed by Parts 1
~ FUNDING STRATEGIST
~ TRANSFER PRICING CONSULTANT
About TASB
We understand the struggles in preparing CTPDs as they require a high degree of technical knowledge on the subject matter. TASB provides technical report compilation and consultancy services to ensure that our clients’ CTPDs are aligned with regulatory compliance. To enhance our service offerings, we are able to draw from our pool of affiliate tax and legal professionals who can provide tax advice and representation in TP audit matters.
Maintaining robust transfer pricing documentation is essential for mitigating potential tax risks and avoiding penalties during regulatory audits.
We possess in-depth knowledge of credit evaluation, lenders’ criteria, and the selection process advocated by lending institutions, targeting at better approval rates.
Business Financing
We spot and analyse pertinent
information to put forward your business requirements to banks and financial
institutions. We are committed to follow through applications until loans are approved.
Contemporaneous Transfer Pricing Documentation
We identify your potential transfer
pricing controversies, conduct technical benchmarking analysis, and provide
solutions to comply with Malaysia Transfer Pricing Rules and Guidelines.
Transfer Pricing Training
It is crucial for finance & tax personnel and directors of companies to accurately understand the central tenets of transfer pricing. TASB plans to provide courses that delve into the fundamentals of transfer pricing.
CONTEMPORANEOUS TRANSFER PRICING DOCUMENTATION
What is Benchmarking?
Benchmarking is an economic analysis where transfer pricing methodologies are utilised to determine arm’s length pricing and to support the prices set in transactions between related parties.
What is proof of intra-group transaction?
Inter-Company Agreements (ICAs) are important evidence to prove that related parties are conducting themselves akin to independent parties transacting the same.
How to create a good CTPD?
The quality of a CTPD hinges upon detailed analysis, in compliance with transfer pricing rules and guidelines within the purview of local jurisdictions and OECD Transfer Pricing Guidelines.
How to be prepared for a TP Audit?
Pre-audit phase is crucial in preparing defence strategies, documentation, and developing risk management processes to improve the outcome of a TP audit. How ready are you?
Adhering to transfer pricing guidelines helps companies minimize tax risks and comply with local and international regulations.
Ancillary Services
Benchmarking Analysis
A new benchmarking evaluation and comparability analysis is required every three years to support the arm’s length prices in your related party transactions. We provide this report to assist your easy reference and usage in your CTPD.
Inter-Company Agreements
Inter-company agreements (ICAs) are required to document the parties, terms, allocation of risk, and other related matters of your controlled transactions. We take extra care to understand the pertinent factors that influenced your pricing policy incorporating the benchmarking analysis in drafting your ICAs.
Transfer pricing guidelines provide essential frameworks for multinational enterprises to ensure their intercompany transactions are conducted at arm’s length prices.
Our templates cover a few controlled transactions. We believe these templates can be beneficial to your CTPD requirements. Each template can be made available at a very reasonable price.
TERM LOAN
OVERDRAFT
LIMITED RISK DISTRIBUTION
WAREHOUSING & LOGISTICS
MANAGEMENT SERVICES
The OECD Transfer Pricing Guidelines serve as a global standard, offering detailed guidance on applying the arm’s length principle in various business scenarios.
What value do we bring to you?
We analyse financial and business information to match your borrowing needs, and create structured credit proposals to put forward pertinent data that help increase financing approval.
How can we add value to your application?
We advise you from the quantitative and qualitative perspectives, not limited to your current business funding structure and gearing from a lender's eye.
To avoid potential penalties, transfer pricing guidelines must be strictly followed
Comprehensive transfer pricing documentation helps businesses demonstrate that their related-party transactions align with arm’s length principles.
Connect with us
We believe that effective distribution of expertise is good strategy for businesses. We provide the technical know-how while you optimise on core operational efficiency.
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