A Closer Look at New Malaysian Transfer Pricing Rules

Recognizing the importance of transfer pricing in maintaining the integrity of its tax system, Malaysia has taken significant strides in enhancing its regulatory framework. The new transfer pricing rules, which came into effect for the year of assessment 2023 onwards, provide revised guidelines and stringent requirements for transfer pricing documentation.

In this article, we summarised the key changes in the new transfer pricing rules for your ease of understanding. Read and download our summary here.