Taxing Bitcoin: A Cryptic Challenge

In the murky bitcoin market, regulators are still figuring out the accounting and tax implications. Bitcoin is an internet-based cryptocurrency or virtual money that allows anyone to transact with anyone else, anywhere at any time, instantaneously at marginal cost, with confidence and privacy, without friction nor censorship.

Earnings Stripping Rules – Pros and Cons

The proposed ESR will curb businesses, especially multinationals, from using interest deductions to pare down domestic tax.

Re-examining Transfer Pricing Documentation

The Inland revenue board malaysia (IRBM) announced new updates to the Transfer Pricing Guidelines 2012, effective from 15 July 2017, which introduced changes to the chapters on Arm’s Length Principle, Intangibles, Commodity Transactions and Documentation. We check out the impacts.