MNES – How to Benchmark and Document FY20 Transfer Pricing Report in Light of New Tight Deadlines

In the new post-COVID–19 economic world, tax authorities will place greater focus on transfer pricing practices of multinationals to rebuild national budgets. There have been significant developments in Malaysian transfer pricing regime pertaining to tight deadlines and the introduction of new penalties and surcharge. In this highly complex and volatile environment, multinationals need to ensure ongoing compliance with the regulations, minimize their overall effective tax rates and maintain their global competitiveness. Due to overwhelming responses, this program will cover transfer pricing impacts related to compliance and practical guidance on benchmarking and document transfer pricing reports in light of COVID-19.

Schedule: 2:30 p.m. – 4:30 p.m. MYT

Objectives

• Review the latest developments in transfer pricing regulations and practices in Malaysia
• Gain best practice advice on preparation of benchmarking analysis and transfer pricing documentation
• Gain a better understanding on typical operating models and transfer pricing arrangements
• Engage with transfer pricing experts and seek out explanation of your transfer pricing cases

Program Outline

Session 1 (2:30 p.m. – 3:30 p.m. MYT)

• Transfer Pricing in Malaysia – Latest Updates and Developments
• Transfer Pricing Documentation for FY20 in Light of COVID-19 - Practical Guidance on Benchmarking and Preparation

Session 2 (3:35 p.m. – 4:00 p.m. MYT)

• Case Studies – Typical Operating Models
• Common Transfer Pricing Arrangements and its Transfer Pricing Implications

Q&A (4:00 p.m. – 4:30 p.m. MYT)

• Open discussion on specific cases and circumstances

Who Should Attend?

• Chief financial officers
• Tax directors
• Finance managers
• Professionals
• Lawyers

Speakers

• Douglas Fone, Managing Director, Transfer Pricing, Singapore, Duff & Phelps, A Kroll Business
• Becky Nguyen, Special Advisor, Transfer Pricing, Malaysia, Duff & Phelps, A Kroll Business