Articles

Is preparing a Contemporaneous Transfer Pricing Documentation (CTPD) enough to ensure compliance with the arm’s length principle? It is a misguided understanding if taxpayers believe that as long as they have a CTPD in place, the Inland Revenue Board (IRB) will accept it without much question, and that it does not attract potential penalties in any tax audits. This is a misconception.

This article aims to clarify the role and function of Transfer Pricing Documentation (TPD), explaining it in straightforward and plain language for easy comprehension.

On 24 Dec 2024, The Inland Revenue Board of Malaysia (LHDN) released the latest version of its TP Guidelines.

This is a continuing article in my series on Corporate Governance (CG). This series is dedicated to Start-Ups and SMEs as issues of CG in large corporations are complex and require multivariate observation to understand

Balance Sheet High Inventory Rate Vs Low Sales When a high inventory rate is recorded, it means the turnaround of the stock is fast to produce the finished goods.

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 and 2 on the red flags found in financial statements and the importance of financial statements as a management tool.