Malaysia

Reviews

Practice area

World TP Reviews

Transfer pricing
Baker Tilly

Baker Tilly is one of the leading tax services providers in Malaysia. It provides services including corporate and personal income tax compliance and advisory, transfer pricing, M&A support, tax due diligence, indirect taxes, tax controversy and capital allowance maximisation. The firm has a strong international network that covers more than 147 places and expertise to help privately held business and public interest entities.

In 2018, the firm is assisting one client with a transfer pricing planning study. The team helps the client relook and refine its structure in order to avoid duplication. It is also implementing the necessary documentation for management fees and loan charges. The team is advising another traditional retailer on transfer pricing policy and business model optimisation.

Yohan Francis, who worked at Deloitte Kuala Lumpur, joined the firm as a transfer pricing director in 2017.

Deloitte

Theresa Goh is the head of the transfer pricing team at Deloitte. The Deloitte transfer pricing team has 73 professionals, including three partners and a former principal associate director of the Inland Revenue Board. The transfer pricing team practices include audit defence, alternative dispute resolution assistance and technology offerings for operational transfer pricing. In addition, the firm facilitates its professionals to focus on transfer pricing issues in specific industries. Theresa Goh has specialised in consumer and industrial products, automotive, telecommunication, life sciences and controversy management areas. Philip Yeoh, executive director at Deloitte, has a focus on the energy and resources area. Subhabrata Dasgupta, executive director, is specialised in financial service. Deloitte transfer pricing resources also includes foreign talents, involving China, India, Japan, Korea and Vietnam.

Deloitte has expanded the team by hiring several professionals, positioning as tax partner, tax director, director, tax manager, senior manager, associate director and executive director.

EY

Sockalingam Murugesan is the head of the transfer pricing practice at EY. The transfer pricing practices including strategy and policy development, monitoring transfer pricing footprint, coordination across the organisation and governance optimisation. The team helps its client build, manage, document, review and defend its transfer pricing policies and processes. The firm also specialises in financial services transfer pricing. It is often invited by tax authorities and professional bodies to present its opinions on transfer pricing development.

In 2017, EY helped a client in relation to BEPS Action 13. It provided several services for its client’s transfer pricing practice.

Shearn Delamore & Co

Goh Ka lm, a partner at Shearn Delamore & Co, is the head of the transfer pricing practice. The other partners are Anand Raj, Irene Yong and Foong Pui Chi. The firm assists clients with preparing for and responding to transfer pricing enquiries and audits. It also represents clients in transfer pricing disputes, which includes representation in tax appeals and judicial review applications to the courts.

Wong & Partners

Adeline Wong is the head of the transfer pricing practice at Wong & Partners. Yvonne Beh, another partner, has more than 10 years of experience in tax, including transfer pricing. The firm advises clients on transfer pricing compliance and planning. The practices include benchmarking documentation, valuation, audit and defence, APAs and MAPs.

Adeline Wong, Krystal Ng and Michael Nixon, who is from Baker McKenzie Wong & Leow based in Singapore, assisted a client with transfer pricing compliance and audit defence strategies. The team coordinated the work across many jurisdictions and considered developments at a global level. In 2018, Adeline Wong, Yvonne Beh, Yi Lyn Tan and Istee Cheah is advising a client on analysing transfer pricing issues and assessing risk management across multiple jurisdictions.