Withholding tax is an important tax collection mechanism within the Malaysian income tax system. And as transactions become more cross border in nature, understanding the practical issues and developments in relation to withholding tax is important to avoid penalties imposed for non-compliance.
CCH Executive Events presents a one-day workshop that provides a good understanding of the intricacies of withholding tax together with practical steps towards compliance. Scenarios and case studies will be used to illustrate typical challenges and pitfalls in dealing with withholding tax and cross border transactions. The workshop will also focus on general areas of uncertainty and potential trigger points to help you avoid costly penalties.
Workshop Outline
Purpose and objectives of withholding tax
Payments subject to withholding tax
Penalties for non-compliance
Public Ruling on special classes of income – S4A
S109B vs S107A withholding tax
New withholding tax section – S109F (other gains or profits)
S109B vs S109F withholding tax
Practical issues in relation to withholding tax
Double tax relief – bilateral and unilateral relief
Determination of Malaysia vs foreign sourced income
What is Permanent Establishment?
Case law developments
Who Should Attend
Chief Financial Officers
Financial Controllers/Directors
Regional Tax Directors/Managers
Accountants
Compliance Officers
Workshop Leader
CHOW CHEE YEN
Executive Director, Advent Tax Consultant Sdn Bhd
Chee Yen is a Fellow Member of The Association of Chartered Certified Accountants (FCCA), a Member of CPA Australia, a Fellow Member of the Malaysian Institute of Taxation (FTII) and a Chartered Accountant of the Malaysian Institute of Accountants (CA). He is also a graduate of the Malaysian Institute of Certified Public Accountants (MICPA) Examinations and successfully completed the Certified Financial Planner (CFP) conversion programme. He is currently the Executive Director of Advent Tax Consultants Sdn Bhd and was an Associate Director of an international firm. In addition, he was also attached with PricewaterhouseCoopers and Arthur Andersen Kuala Lumpur, specialising in corporate taxation. He has more than 18 years of tax experience and was involved in tax engagements concerning cross border transactions, tax due diligence review, restructuring schemes, corporate tax planning, group tax review and inbound investments. Chee Yen’s expertise is in high demand and he is a prolific trainer/facilitator for tax workshops and seminars organised by MIA, CTIM, ACCA, CPA Australia, MICPA and the STAR newspaper and in-house training for both professional firms and corporations. He is also a regular speaker in conferences organised in Hong Kong and Singapore.