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.

Term: 2020-2021

Chairman Mr Thenesh Kannaa
Co-Chairman Mr Steve Chia Siang Hai
Members Mr Chow Chee Yen
Mr Chong Mun Yew
Mr Lai Shin Fah @ David Lai
Ms Leow Mui Lee
Mr Mohd Noor Abu Bakar
Mr Nicholas Anthony Crist
Mr K Sandra Segaran
Mr Soh Lian Seng
Mr Zen Chow Tuck Him
Co-Opted Mr Beh Tok Koay
Ms Carol Eng Hooi Ling
Mr Daniel Woo
Ms Ng Say Guat
Ms Phan Wai Kuan
Ms Sharon Yong

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.

Term: 2020-2021

Chairman Mr Mohd Noor Bin Abu Bakar
Members Mr K Sandra Segaran
Ms Leow Mui Lee
Mr Nicholas Anthony Crist
Mr Zen Chow Tuck Him
Co-Opted Ms Carol Eng Hooi Ling
Ms Heather Khoo
Ms Julie Thong
Mr 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.

Term: 2020-2021

Chairman Mr Thenesh Kannaa
Co-Chairman Mr Steve Chia
Members Mr Chow Chee Yen
Mr Chong Mun Yew
Mr Lai Shin Fah @ David Lai
Ms Leow Mui Lee
Mr Mohd Noor Abu Bakar
Mr Nicholas Anthony Crist
Mr K Sandra Segaran
Mr K Sandra Segaran
Co-Opted Ms Carol Eng Hooi Ling
Mr Daniel Woo
Ms Ng Say Guat
Ms Phan Wai Kuan
Ms Sharon Yong
Others Mr Tai Lai Kok (MIA)
Dr Veerinderjeet Singh (MIA)
Mr Beh Tok Koay (MICPA)
Ms Goh Lee Hwa (MICPA)

JOINT TAX WORKING GROUP ON MFRS

Introduction

The COWG 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 provide effective representation at dialogues with Government authorities on Public Ruling issues faced by members, the business community and the public at large.
  • To recommend to the Government proposals for the review of Public Rulings so as to promote certainty, clarity and transparency.
  • 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.
Chairman Beh Tok Koay
Co-Chairman Dr Veerinderjeet Singh
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.

Term: 2020-2021

Chairman Mr Soh Lian Seng
Members Mr Chong Mun Yew
Ms Stefanie Low Geok Ping
Co-Opted Dato' Abdul Manap
Datuk Alexandra Chin
Ms Chan Vai Fong
Mr Choo Ah Kow
Mr Jesu Dason
Ms Kellee Khoo Kee Lee
Mr Kenny Chong Thian Poh
Mr Lam Weng Keat
Mr Tai Weng Hoe
Ms Vivian New
Mr Wong Seng Chong