2024 Budget Seminar

INTRODUCTION

The 2024 Malaysian Budget Proposals will be tabled in Parliament on Friday, 13 October 2023. Join us at this year’s CTIM Budget Seminar which will provide participants with a practical understanding of the key tax changes presented in 2024 Budget Proposals.

COURSE OUTLINE

Session 1

2024 Budget Proposals: Summary of Key Issues

Session 2

Forum Discussion: 2024 Budget Proposals

Session 3

Recent Tax Updates and Developments

• Latest Public Rulings, Guidelines, IRB Practices and Recent Tax Issues

Session 4

Tax Updates and Latest Developments

• Recent Tax Cases

PROFILE(s)

Choo Ah Kow is a Chartered Accountant with the Malaysian Institute of Accountants and a licensed Tax Agent with the Inland Revenue Board and Royal Malaysian Customs Department. He is also a member of the Financial Planning Association Malaysia (FPAM). He is a Certified Financial Planner (CFP). Prior to joining Wintoni Group Berhad as an independent non-executive director, he was providing tax advisory and consultancy services in various sectors. He has 17 years of tax experience as a senior officer at Lembaga Hasil Dalam Negeri (LHDN). He sits on the board of directors of a private limited company in Accounting sector. Currently, he is Melaka Branch Chairman for Chartered Tax Institute Malaysia.

Soh Lian Seng who has over 25 years of professional experience heads the KPMG Tax Services practice in Malaysia with a focus on bringing professional acumen, capabilities, connectivity, and technology-powered solutions to the most complex business challenges and transformation projects that tax leaders face. He also leads the firm’s Tax Dispute Resolution practice and has extensive experience in advising local and multinational corporations on tax advisory and compliance, specializing in tax audit and investigation across different sectors. Lian Seng is also trusted to lead KPMG’s Tax Dispute Resolution & Controversy across the Asia Pacific, to drive a collaborative approach to provide value-added services to regional and global clients. Lian Seng maintains a close working relationship with multiple government agencies, namely the Ministry of Finance (MOF), the Malaysian Investment Development Authority (MIDA), and the Ministry of International Trade and Industry (MITI). He is the Deputy President of CTIM and Chairman of its Audit & Investigations Working Group. He is a seasoned speaker and moderator at tax seminars and has contributed numerous articles and commentaries to mainstream media on topical and tax-related issues.

Chong Mun Yew is the Executive Director of Tax at Crowe KL Tax Sdn Bhd. He has over 20 years of tax experience. He specialises in taxation covering areas such as domestic taxes, corporate restructuring, initial public offerings, mergers and acquisitions, employees share option scheme, expatriate tax, international tax, and Sales and Service Tax. He is a member and Council Member of CTIM, a member of ACCA, MICPA and a practicing member of the MIA.

Jason Tan primary area of practice is income tax and customs litigation, trade remedy investigations, tax and customs investigations and trade facilitation. He has been involved in many of the largest income tax and customs disputes before all levels of Court on major points of tax law. The disputes involve issues on transfer pricing, withholding tax, income recognition, capital allowance, reinvestment allowance, double taxation agreements, deductibility of expenditure, excise valuation and customs procedures. Jason also represents a sizeable number of manufacturers in local and foreign trade remedy investigations such as anti-dumping, safeguard duties, countervailing duties and anti-circumvention investigations. Jason was recently recommended in The Legal 500 Asia Pacific 2022 and is acknowledged as a “Future Star” in the Benchmark Litigation Asia Pacific 2022 rankings. In the Chambers Asia-Pacific 2022 rankings, Jason was also ranked as “Up and Coming” in the tax practice.