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Malaysia Introduces 2024 Transfer Pricing Guidelines and Tax Audit Framework
The Inland Revenue Board of Malaysia published the latest edition of the Transfer Pricing Guidelines 2024 and Transfer Pricing Tax Audit Framework 2024 on 24 December 2024, providing comprehensive arm’s length pricing guidance and ensure consistency with the Income Tax (Transfer Pricing) Rules 2023. These changes raise the bar for transfer pricing compliance and introduce a more structured audit process in Malaysia.
Stay informed on key updates impacting Transfer Pricing compliance and audit readiness in Malaysia via the link below.
