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On 16 May 2002, the Revenue Department introduced its transfer pricing guidelines in the form of Departmental Instruction (“DI”) No. Paw. 113/2545. The purpose of  the transfer pricing guidelines is to assist taxpayers in setting arm’s-length prices for their transactions with related parties while providing direction to revenue officers in reviewing whether taxpayers’ related party transactions are in compliance with the arm’s-length principle.

The transfer pricing team's trip to Australia has been amazing and productive. 

This time, the Transfer Pricing Solutions team flew from India, Malaysia and Singapore to our Head Office in Mornington, Australia. There were a number of activities/events arranged for us apart from the usual work routine. 

We are so proud to deliver you the good news! Our firm won the prestigious Asia Best Newcomer of the Year award at the ITR Asia Tax Awards 2019. 

International Tax Review (ITR) Asia’s Tax Forum is a leading independent tax forum in the Asia Pacific region. The 14th Asia Tax Forum organised by the International Tax Review, a premier event in the region for taxpayers, officials ad practitioners, will be held in Marina Mandarin Singapore on May 8th and 9th 2019.

Being associated with you makes us proud. Your contribution and your commitment to our work are unmatched. Without you, this journey would have been impossible. Have a happy work anniversary!

From Transfer Pricing Solutions Staff Team