Financing of Corporations

COURSE OUTLINE

Financing of Corporations – tax issues pertaining to

1. Equity vs Debt financing

2. Loan financing and tax related issues –

   • deductibility of interest expense;

   • interest restriction;

   • earning stripping rules;

   • related party loans

3. Hybrid instruments

4. Preference Shares / Redeemable Preference Shares

5. Bonds, ICULS, loan stocks – taxability / deductibility of discounts or premiums and related issues

6. Case studies

PROFILE(s)

Harvindar Singh is a Fellow of Chartered Association of Certified Accountants and is a member of the Malaysian Institute of Accountants (MIA) as well as the Chartered Tax Institute of Malaysia (CTIM). Harvindar was attached to the tax divisions of PWC and E&Y as a tax consultant and is currently the Managing Partner of Harvey & Associates, a boutique firm that specialises in taxation consulting services as well as the Tax Partner in SCS Global Consulting (M) Sdn Bhd. Harvindar has more than 29 years of extensive experience in taxation advisory, transfer pricing documentation preparation, tax planning as well as tax audits and investigations and he serves as a Tax Specialist to numerous corporate entities such as SK International (M) Sdn Bhd and other MNEs and organisations. He is currently serving as the Chairman of the Editorial Board of the Budget Commentary and Tax Information Booklet which is produced jointly by MIA, CTIM and MICPA. Mr Harvindar is a Council Member of CTIM.