Take 5 with Thannees: Episode 11

Take 5 with Thannees: Episode 11

2020 was indeed a challenging year for all of us. Nevertheless, we keep our spirits high and always begin the New Year stronger! We believe 2021 will definitely be a much better year, with the vaccines coming in – we hope businesses will regain what was lost in...
Take 5 with Thannees: Episode 10

Take 5 with Thannees: Episode 10

Our Managing Director, Mr Thanneermalai sheds light on the newly introduced transfer pricing surcharge. Find out how this new introduction impact taxpayers on this episode of Take 5 with Thannees. Video Transcription BUDGET 2021 has introduced a new form of penalty...
Take 5 with Thannees: Episode 9

Take 5 with Thannees: Episode 9

Did you know that deductibility restriction applies whether or not the substance test is met? On this episode of Take 5 with Thannees’, our Manager, Lee Chak Wei explains how this impacts companies that transact with Labuan entities. Video Transcription Welcome...
Take 5 with Thannees: Episode 8

Take 5 with Thannees: Episode 8

Budget 2021 has made the preparation of contemporaneous transfer pricing documentation on an annual basis compulsory. Did you know non-compliance will result in hefty penalties and this will apply retrospectively? On this episode of Take 5 with Thannees’, our...
Episode 7 – Insights to Budget 2021

Episode 7 – Insights to Budget 2021

Video Transcription Insights to Budget 2021 I’m very happy with the Budget 2021 announcement. I feel that the finance minister has just focused and hit the nail on the head. This is an economic climate where we are facing a downturn with a 5.4% deficit. These are...