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Tax concerns challenge export-interested SMEs

Tax concerns challenge export-interested SMEs

KUALA LUMPUR (Aug 8): Transfer pricing and taxation concerns are one of the biggest hurdles facing small and medium enterprises (SMEs) that are interested in exporting their goods, said Baker Tilly (Malaysia).

"These SMEs have a fear of the unknown. They hear about things like tax investigations from their peers in other SMEs and they are worried about exporting themselves," said Datuk Lock Beng Huan, partner and audit and assurance co-leader at Baker and Tilly (Malaysia).

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