A lot of the Small and Medium Enterprises (SMEs) think that they owned all the companies and why does transfer pricing matter to them? Yes, it does matter. Why? Because the Inland Revenue Board (“IRB”) do not see the Group as ‘One Company’. As you are aware, budget 2021 has finally passed in the parliament […]
Author Archives: kanghong.pang
During this COVID-19 pandemic, more businesses are starting to use digital advertising (such as google ads, facebook ads, linkedin, etc.) to survive from this pandemic. Businesses should take note on the following direct/indirect tax implications when making payment to non-resident (“NR”) for using the digital advertising before being penalized by the relevant authorities: Withholding tax […]