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)

Angela Lim Li Xuan is a partner of ALN and has over 10 years of professional experience in taxation. She is currently the Southern Branch Chairman of the Chartered Tax Institute of Malaysia. Angela was previously with KPMG, mainly handling tax audit cases for corporate clients including local public listed companies and foreign multi-national corporations. Angela subsequently joined a MNC and manages the Company’s direct and indirect tax affairs for APAC. Angela is actively involved in various tax engagements concerning corporate and individual tax planning strategies/schemes, handling tax audits by the Inland Revenue and Royal Malaysian Customs, inbound investments and cross border transactions.

Anil Kumar Puri has over 20 years of tax experience and leads the EY International Corporate Tax Advisory and Tax technical teams in Malaysia. He has been involved in numerous cross border advisory engagements (both inbound and outbound), particularly in relation to tax and regulatory issues that companies investing in Malaysia and abroad face. These issues include the impact of the OECD’s BEPS action plans and the BEPS 2.0 project on holding and transactional structures, regulatory and licensing approvals, withholding taxes, tax incentives, the structuring of operations in a business-focused and tax-efficient manner and exit strategies.

Jesudason Arulsamy has over 10 years of experience in the area of taxation including tax compliance, tax advisory, tax audit, and tax investigations, and has advised many local and international clients on taxation and other business compliance matters. Prior to his experience in the field of taxation, he had over 10 years of experience as a lecturer for professional courses such as ACCA, CAT, and LCCI. He also has audit experience in one of the Big 4 Audit Firms as well as experience in Company Secretarial compliance matters. Jesu is currently the Tax Partner of Dason & Dason Corporate Advisors Sdn Bhd. He is also the Chairman of the Southern Branch of the CTIM and a Committee Member of the CTIM Tax Audit and Investigation Working Group and Public Practice Committee. Prior to that, he used to serve as a Committee Member in the MIA– Johor Regional Committee between July 2014 to June 2017.

Agnes Wong is the Managing Partner of Syarikat Ong Group of Companies and is a Chartered Accountant, a Licensed Tax Agent – under the Income Tax Act 1967 and a Licensed GST Tax Agent under GST Act 2014. She holds membership under Chartered Tax Institute of Malaysia (CTIM), Malaysian Institute of Accountants (MIA) and Associate Membership under Malaysian Institute of Chartered Secretaries and Administrators (MAICSA). Agnes graduated from Monash University, Melbourne Australia in 1994. She worked with one of the leading Public Accounting Firm for 4 ½ years before joining Syarikat Ong Sdn Bhd. During her time with the firm, she has involved in a number of audit engagements for public listed companies, as well as special engagements involving listing of company in local stock exchange and fundraising exercise of public listed company. In 1999, she joined Syarikat Ong Sdn Bhd and has specialised in providing tax consultancy services in corporate restructuring, business advisory and SST/Goods and Services Tax (GST).