Essential Tax Updates in 2023/2024

COURSE OUTLINE

1. Latest Updates

   • Capital Gains Tax

   • E-Invoicing

   • Foreign Source Income

   • Taxation of RPC shares

2. New Transfer Pricing Rules 2023

3. Transitional Rules for Changes in Service Tax Rate

4. Preferential Tax Treatment for SMEs

5. SVDP 2.0

6. Latest Gazette Orders

7. Latest Tax Cases

   • POM, PMR and PFI v KPHDN – deductibility of financing expenses

   • JSL v KPHDN – rental income and industrial building allowance

   • ATSB v KPHDN – deductibility of payment for early termination of tenancy

   • NSB (MR) & NSB (MK) v KPHDN – deductibility of bad debts written off

PROFILE(s)

Chow Chee Yen is currently the President of the Chartered Tax Institute of Malaysia (CTIM) and the Senior Executive Director of Grant Thornton Malaysia. He has more than 30 years of tax experience and was involved in tax engagements concerning cross-border transactions, tax diligence review, restructuring schemes, corporate tax planning, group tax review, inbound investments, and good and services tax (GST). Chee Yen’s expertise is in high demand and he is a prolific trainer/facilitator for tax workshops and seminars organised by professional bodies in Malaysia. In addition, he conducts in-house training for a government ministry, professional firms, and corporations as well as guest speaker for national and international conferences. He is a Fellow Member of The Association of Chartered Certified Accountants (FCCA) and a Chartered Accountant of the Malaysian Institute of Accountants (CA).