How Malaysia’s Transfer Pricing Rules Make Compliance Tougher.

Irene Yong – Partner – Shearn Delamore & Co,
irene.yong@shearndelamore.com

Practice Areas

Tax & Revenue
Personal Data Protection & Privacy Laws
Private Wealth & Family Business
Technology, Media & Telco

Languages

English,
Malay

PRACTICE

Irene practices in all aspects of Tax and Revenue law advisory, structuring, planning, audits, investigations, dispute resolution (including advising taxpayers on the settlement of tax cases or in dealings with governmental authorities) and litigation (including tax appeals, declaratory proceedings, judicial review applications, civil suits, windings up etc.), sales tax, service tax, goods and services tax (GST), transfer pricing, income tax, real property gains tax, indirect taxes, stamp duty, taxation of oil and gas companies, tax incentives, trusts, and asset protection and planning. Irene has appeared as counsel for taxpayers before the GST Appeal Tribunal, the Special Commissioners of Income Tax and the Superior Courts of Malaysia.

Irene also practises in the area of Personal Data Protection & Privacy Laws, and provides information and data management strategies and solutions, business practice and process reviews, as well as template and document reviews for business enterprises. She has advised and conducted reviews and audits for various business enterprises, including financial institutions. She has presented many papers on personal data protection law and regularly conducts training and workshops for clients and event organisers.

QUALIFICATIONS

LL.B (Hons), University of London
MBA, University of Warwick
Certificate in Legal Practice
Advocate & Solicitor, High Court of Malaya

ADMISSIONS

Malaysia (1999)
New South Wales, Australia (2019)

PROFESSIONAL MEMBERSHIPS

Malaysian Bar
Malaysian Bar Council’s Tax Sub-Committee
International Bar Association (IBA)
International Fiscal Association and its Malaysian Branch

PUBLICATIONS

One of the authors of Bloomberg BNA’s Business Operations in Malaysia
Contributed to Tax Planning International Asia-Pacific Focus published by Bloomberg Tax
Contributed to The International Tax Review published by Euromoney Institutional Investor plc.
Contributed to The Asia Pacific Tax Bulletin published by the International Bureau of Fiscal Documentation in Amsterdam
Contributed to the Tax Nasional published by the Malaysian Institute of Taxation

AWARDS & RECOGNITION

Chambers Asia Pacific (2020) – “Recognised Practitioner” in Tax
The Legal 500 Asia-Pacific (2012, 2014, 2019 and 2020) – “Recommended Lawyer” in Tax
International Tax Review (2019 and 2020) – “Highly Regarded Practitioner” in Indirect Tax, Tax Controversy and Women in Tax
International Tax Review Tax Controversy Leaders (2013 – 2018) – Leading Advisor
International Tax Review (2017 – 2018) – Indirect Tax Leader
International Tax Review Women in Tax Leaders (2015 – 2018) – Leading Advisor
Bloomberg Tax (2018) – International Tax Contributor of the Year