TECHNICAL COMMITTEE – DIRECT TAXATION (I) [TC-DT (I)]

The Technical Committee-Direct Taxation (I) is one of the key committees of CTIM

To assist the TC-DT (I) in the execution of its duties, the Committee constitutes various working groups as and when required. These working groups deal with tax compliance and operations matters, public rulings, tax audits and tax investigations and other technical aspects.

Terms of Reference

  1. The TC-DT (I) shall be responsible for all direct tax issues related to Income Tax, but excluding issues related to Stamp Duty, Real Property Gains Tax, Petroleum Income Tax, Labuan Income Tax & other matters relating to Labuan, Promotion of Investments Act 1986 & other tax incentives (eg MSC, Bionexus) and issues under the purview of Securities Commission and Bank Negara.
  2. To provide effective representation at dialogues with Government authorities on tax issues faced by members, the business community and the public at large.
  3. To recommend to the Government proposals for the review of tax policy, tax administration and other fiscal changes so as to promote certainty, clarity and transparency as well as to simplify the taxation system.
  4. To issue tax information circulars to members on a timely basis and to issue guidance notes and other relevant technical publications when necessary.
  5. To consider matters affecting tax practitioners and meet members to understand their requirements.


TC-DT(I) COMMITTEE FOR TERM 2021/2022

Chairman Thenesh Kannaa
Co-Chairman Steve Chia
Council Members Anil Kumar Puri
Chow Chee Yen
Chong Mun Yew
David Lai Shin Fah
Harvindar Singh
Leow Mui Lee
Mohd Noor Abu Bakar
Soh Lian Seng
Tan Hooi Beng
Zen Chow Tuck Him
Co-Opted Members Beh Tok Koay
Carol Eng Hooi Ling
Daniel Woo
K. Sandra Segaran
Ng Say Guat
Phan Wai Kuan

COMPLIANCE & OPERATIONS WORKING GROUP (COWG)

Introduction

The COWG is one of the working groups of the Technical Committee-Direct Taxation (I) [TC-DT (I)].

It plays a major supportive role for the TC-DT (I), particularly in the light of recent developments in compliance and operations practices.

Terms of Reference

  1. To provide effective representation at dialogues with Government authorities on direct tax issues faced by members, the business community and the public at large.
  2. To recommend to the Government proposals for the review of tax policies, tax administration and other fiscal changes so as to promote certainty, clarity and transparency, as well as proposals to simplify the taxation system.
  3. To issue tax information circulars to members on a timely basis and to issue guidance notes and other relevant technical publications when necessary.
  4. To consider matters affecting tax practitioners.


COWG COMMITTEE FOR TERM 2021/2022

Chairman Mohd Noor Bin Abu Bakar
Council Members Harvindar Singh
Leow Mui Lee
Zen Chow Tuck Him
Co-Opted Members Carol Eng Hooi Ling
Chan Kwan Yee
Heather Khoo
Julie Thong
Ken Noorzlan Khamis

JOINT PUBLIC RULING WORKING GROUP (JPRWG)

Introduction

Terms of Reference

  1. To provide effective representation at dialogues with Government authorities on Public Ruling issues faced by members, the business community and the public at large.
  2. To recommend to the Government proposals for the review of Public Rulings so as to promote certainty, clarity and transparency.
  3. To issue tax information circulars to members on a timely basis and to issue guidance notes and other relevant publications related to Public Rulings when necessary.


JPRWG COMMITTEE FOR TERM 2021/2022

Chairman Thenesh Kannaa
Co-Chairman Steve Chia
Council Members Anil Kumar Puri
Chow Chee Yen
Chong Mun Yew
David Lai Shin Fah
Harvindar Singh
Leow Mui Lee
Mohd Noor Abu Bakar
Soh Lian Seng
Tan Hooi Beng
Zen Chow Tuck Him
Co-Opted Members Carol Eng Hooi Ling
Daniel Woo
K. Sandra Segaran
Ng Say Guat
Phan Wai Kuan
Others Tai Lai Kok (MIA)
Yee Wing Peng (MIA)
Beh Tok Koay (MICPA)
Theresa Goh Lee Hwa (MICPA)

JOINT TAX WORKING GROUP ON MFRS

Introduction

The JTWG-MFRS is one of the working groups of the Technical Committee-Direct Taxation (I) [TC-DT (I)].With the implementation of Malaysian Financial Reporting Standards (MFRS) in Malaysia, the Taxation Practice Committee of the Malaysian Institute of Accountants (MIA), Tax Practice Committee of The Malaysian Institute of Certified Public Accountants (MICPA) and the Technical Committee – Direct Taxation I of the Chartered Tax Institute of Malaysia (CTIM) have established a Joint Tax Working Group on MFRS with the following terms of reference:-

  • To analyse changes brought about by MFRS which have tax implications.
  • To highlight and provide comments to members on possible tax implications related to MFRS, where applicable.
  • To propose appropriate tax treatments in respect of MFRS, where applicable, to the relevant tax authorities.


JTWG-MFRS COMMITTEE FOR TERM 2021/2022

Chairman Beh Tok Koay
Co-Chairman Yee Wing Peng
Thenesh Kannaa
Members Carol Eng
Fo Wai Lan
Julie Thong
K. Sandra Segaran
Lim Kah Fan
Neoh Beng Guan
Phan Wai Kuan
Seah Siew Yun
Woon Yoke Lee

Members may refer to the discussion papers prepared by the JTWG-MFRS on the implications related to the implementation of MFRS in the Members Only section of the CTIM website.

TAX AUDIT AND INVESTIGATION WORKING GROUP (TAIWG)

Introduction

The TAIWG is one of the working groups of the Technical Committee-Direct Taxation (I) [TC-DT (I)].

It plays a major supportive role for the TC-DT (I), particularly in the light of tax audit and investigation issues.

Terms of Reference

  1. To provide a platform for the members to share his experience dealing with LHDN on current tax audit and/or investigation issues (where relevant and applicable).
  2. Based on members’ feedback and input, the committee shall discuss and evaluate on the issues raised and decide the next course of action.
  3. To provide effective representation at dialogues with Government authorities (e.g. LHDN) on tax audit and/or investigation issues faced by members, the business community and the public at large (where relevant and applicable).
  4. To provide the bridge of communication between Government authorities (e.g. LHDN) and the tax practitioners to recommend or resolve (where relevant or applicable) on the tax audit and investigation issues involved the processes and/or consistent tax treatment among the branches of LHDN in Malaysia. The objective is to recommend (if any) to the Government authorities (e.g. LHDN) proposals for the review of tax audit and investigation policy, administration and other changes so as to promote certainty, clarity and transparency as well as to simplify the tax audit and investigation system.
  5. To issue tax audit and investigation information circulars to members on a timely basis and to issue guidance notes and other relevant publications when necessary.
  6. To consider matters affecting tax practitioners on tax audit and investigation.


TAIWG COMMITTEE FOR TERM 2021/2022

Chairman Soh Lian Seng
Council Member Chong Mun Yew
Co-Opted Members Chan Vai Fong
Choo Ah Kow
Chu Vun Henn
Jesu Dason
Kellee Khoo Kee Lee
Kenny Chong Thian Poh
Lam Weng Keat
Mohd Fariz
Tai Weng Hoe
Vivian New
Wong Seng Chong
Yong Mee Thing