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The comprehensive guide to the world's leading tax firms

Yee Wing Peng heads Deloitte's tax practice comprising 13 partners and 276 other fee earners.Theresa Goh oversees the transfer pricing team. Goh and Lim Pheak Buen advised a client in negotiating and concluding the first-ever APA in Malaysia, which will ... [more]

Yee Wing Peng heads Deloitte's tax practice comprising 13 partners and 276 other fee earners.

Theresa Goh oversees the transfer pricing team. Goh and Lim Pheak Buen advised a client in negotiating and concluding the first-ever APA in Malaysia, which will give the company certainty about their intercompany pricing, while helping them avoid transfer pricing audits and hefty penalties.

Goh and Sim Kwang Gek were hired by a multinational oil and gas company to explore the possibilities of obtaining a tax incentive for its planned setup of operational headquarters in Malaysia for the group. The pair developed a strategic approach and convinced the authorities that there were merits for the tax incentive. Approval for a 10-year tax holiday for the client was granted in March 2011.

Under the leadership of Eng Ping Yeo, the tax team at Ernst & Young maintains a positive relationship with the Malaysian tax authorities.Sockalingam Murugesan and Gary Ling's negotiation skills were put to the test while managing the investigation of ... [more]

Under the leadership of Eng Ping Yeo, the tax team at Ernst & Young maintains a positive relationship with the Malaysian tax authorities.

Sockalingam Murugesan and Gary Ling's negotiation skills were put to the test while managing the investigation of a client by the tax authorities. Issues included transfer pricing and corporate tax. The authorities assessed the company for about $6.3 million for the fiscal years 2001 to 2004, which was made up of transfer pricing adjustments, and about $1 million of withholding taxes including penalties. The team managed to eliminate the transfer pricing figure and the penalties. The case is still pending, with the outcome expected to be in favour of the client.

The firm has a large transfer pricing team, which advises many large domestic and multinational corporations. All aspects of transfer pricing are covered, including planning, documentation, risk review, business restructuring and controversy management.

Janice Wong and Shir Wei Foo teamed up to review and provide technical responses to queries raised by the authorities about intangible transactions. The pair successfully helped their client defend the arm's length nature of intangible transactions that involved payments for brand names and technical expertise.

The Chin Guan Khoo-led tax practice at KPMG employs 15 partners and 230 fee earners in 10 offices in Malaysia.The firm offers the full range of tax services expected from a big-four accounting firm, including international corporate tax, M&A, tax incentives, ... [more]

The Chin Guan Khoo-led tax practice at KPMG employs 15 partners and 230 fee earners in 10 offices in Malaysia.

The firm offers the full range of tax services expected from a big-four accounting firm, including international corporate tax, M&A, tax incentives, indirect tax, transfer pricing, and tax risk management. The team works with about one-third of the top 100 listed groups in Malaysia.

Bob Kee is the lead partner of the firm's growing transfer pricing team, while partners Neoh Beng Guan and Ong Guan Heng are recognised for their corporate tax work.

Chuan Keat Khoo is the head of PwC's growing tax practice comprising 30 partners and 278 fee earners.The team is advising a client on several Malaysian corporate, indirect tax, and stamp duty issues concerning the implementation of a government promoted ... [more]

Chuan Keat Khoo is the head of PwC's growing tax practice comprising 30 partners and 278 fee earners.

The team is advising a client on several Malaysian corporate, indirect tax, and stamp duty issues concerning the implementation of a government promoted project that involves significant capital spending. The team also advised the client about obtaining fiscal and non-fiscal incentives from the government.

PwC is helping a client determine the type of incentives that best suit its business, including other fiscal incentives that could reduce tax cost. The tax team held discussions with the Ministry of Finance and prepared documentation for the incentive package.

The firm has built relationships with a long list of notable clients, including Alliance Bank, Hong Leong Bank, Nestle and Telekom Malaysia.

Despite the small size of the practice, Shearn Delamore & Co's three partners and two legal assistants maintain its strong reputation for providing quality tax services to clients, and handle a full range of direct and indirect tax advisory, structuring, ... [more]

Despite the small size of the practice, Shearn Delamore & Co's three partners and two legal assistants maintain its strong reputation for providing quality tax services to clients, and handle a full range of direct and indirect tax advisory, structuring, planning, litigation, audit and investigation matters.

Partners Goh Ka Im and Anand Raj have received much praise from peers in the market.

Raj, Irene Yong and Foong Pui Chi teamed up to represent Paramount Malaysia in a tax appeal before the Special Commissioners of Income Tax, challenging assessments raised and penalties imposed by the Inland Revenue. The trio negotiated with the authorities and achieved a substantial reduction in the client's tax bill.

Raj and Cynthia Lian discussed investment incentives with the Ministry of Finance for a US electronics manufacturer seeking to establish operations in Penang.

The tax practice at Taxand Malaysia provides services including corporate tax, international tax, indirect tax, transfer pricing, and tax training. Notable clients include the Boustead Group, Malaysia Airlines, Genting Group, Tan Chong Group and the ... [more]

The tax practice at Taxand Malaysia provides services including corporate tax, international tax, indirect tax, transfer pricing, and tax training. Notable clients include the Boustead Group, Malaysia Airlines, Genting Group, Tan Chong Group and the CCM Group.

Described by a peer as "very knowledgeable in tax", partner Veerinderjeet Singh leads the team which has six partners and 15 other professionals.

Singh and Renuka Bhupalan teamed up in December 2010 to advise a client on how to use the Malaysian jurisdiction to achieve domestic and global tax efficiency. Advice covered topics such as whether the proposed arrangements gave rise to a permanent establishment exposure and withholding tax, and the use of double tax treaties to minimise such risks. The pair also advised on maximising tax incentives in Malaysia for procurement and trading activities while facilitating tax savings and capitalising on operational efficiencies.

Leow Mui Lee and Vivian New advised a Malaysian subsidiary of a French multinational company on the merger of two businesses and the acquisition of a third. The three businesses were consolidated into an entity that took advantage of substantial tax losses. Lee and New performed a transfer pricing study to optimise the related-party transactions and advised on the necessary steps to be taken to restructure the business. By restructuring, the client was able to capitalise on the tax advantage gained from using the tax losses while ensuring that the arm's length requirement was met.

Wong & Partners is part of the Baker & McKenzie network. Known for her tax planning and tax advisory work, Adeline Wong is the sole tax partner in a team comprising 11 associates.The team specialises in services ranging from tax audits and litigation, ... [more]

Wong & Partners is part of the Baker & McKenzie network. Known for her tax planning and tax advisory work, Adeline Wong is the sole tax partner in a team comprising 11 associates.

The team specialises in services ranging from tax audits and litigation, to cross-border advisory, tax efficiency structuring, and transfer pricing.

Wong advised a client in Malaysia's largest insurance M&A deal of the year. The work involved discussions with the Stamp Office and other stamp duty exemption issues.

Azman Davidson & Co's tax specialists are active litigators. Several accounting firms, including the big-four, refer litigation and advisory work to the team.The experienced Francis Tan and Bill Davidson are full time consultants at the firm. The team ... [more]

Azman Davidson & Co's tax specialists are active litigators. Several accounting firms, including the big-four, refer litigation and advisory work to the team.

The experienced Francis Tan and Bill Davidson are full time consultants at the firm. The team is advising a US client on withholding tax and the power of the director general (DG) of Inland Revenue to recover tax allegedly not withheld.

In early 2011, the practice obtained an order from the High Court to overrule the DG's decision on the incorrect interpretation of a tax exemption order regarding tax exemption status for schools not operating for profit.

Nik Saghir is one of the founders of Nik Saghir & Ismail. He made his reputation as a tax litigator, though he also specialises in corporate, banking, taxation laws and privatisation. He has been a consultant to the firm since April 2006.

Though he is the sole tax partner at Raja, Darryl & Loh, Vijey Krishnan is helping build the firm's reputation for providing quality tax appeal work and advisory in all aspects of revenue law.Besides working with large corporate clients, the firm receives ... [more]

Though he is the sole tax partner at Raja, Darryl & Loh, Vijey Krishnan is helping build the firm's reputation for providing quality tax appeal work and advisory in all aspects of revenue law.

Besides working with large corporate clients, the firm receives referrals from major accounting firms including PwC and Ernst & Young. Fortis Bank, Toyota, Exxon Mobil, Canon, Malaysian Assurance Alliance Berhad, and the Honeywell Group are some notable names on an extensive list of blue-chip clients.

Krishnan and Kok Fie See are advising a national highway operator on tax efficient funding structures and tax implications of compensation granted by the government to design, construct and maintain key national highways.