The Income Tax (Transfer Pricing) Rules 2012 (TP Rules 2012) and the Income Tax (Advance Pricing Arrangement) Rules 2012 (APA Rules 2012) both dated 7 May 2012, were issued on 11 May 2012 and are effective retrospectively from 1 January 2009. A copy of the Rules may be obtained from http://www.federalgazette.agc.gov.my/.

The key factors are summarized below:

Income Tax (Transfer Pr…

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