This would examine selected Public Rulings which are either fresh or re-issued to accommodate changes to the law and procedure.
The subjects would include:
► Reinvestment Allowance: Agriculture, Integrated, and Manufacturing Activities
► Capital, Accelerated and Industrial Building Allowance, and Control Sales
► Appeals and Application for Relief
► Research and Development Expenditure
► Income from Letting of Real Property
► Withholding Tax on Special Classes of Income
► Foreign Exchange Gains and Losses
► Treatment of Stock and Withdrawal of Stock
The seminar content would not only explain the Public Rulings from a wider perspective but would also be presented with further examples, definitions, and computations.
The more relevant aspects of Finance Act 2020 would also be studied.
Vincent Josef began his career with the Inland Revenue Board in 1968 and over the next 35 years, he served in various Branches. Prior to his retirement, he was with the Operations Division of the Board Headquarters where he held the position of Assistant Director General. In addition, He has wide experience in lecturing at IRB events and Malaysian professional institutions including Chartered Tax Institute of Malaysia, Malaysian Institute of Accountants, CPA Australia, MAICSA and Commerce Clearing House (CCH) Malaysia. With his 50 years’ experience in the field of taxation, he also manages his own practice providing taxation consultancy services focusing on Tax Audits and Investigations. He has written a book “Tax Audit and Investigation Guide-Malaysia” published by CCH Malaysia and served as their Consultant Editor in respect of the Malaysian Master Tax Guide.