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Challenge Details
Deloitte Tax Challenge 2022
Overview
- Deloitte Tax Challenge is open to all local/international college and university students, as well as those pursuing professional qualification.
- The challenge is divided into two categories – Team and Individual. Challengers may take part in both categories simultaneously.
- For the Team category, each team must consist of 4 members. Team members can be from different faculties and different universities/colleges.
- Registration closes on 18 September 2022. Please find the Challenge Timeline below for your reference.
Challenge Timeline
Pre-challenge – 19 September 2022
- The Pre-challenge will begin on Monday, 19 September 2022 (two days before the Assessment Stage) from 9.00 a.m. to 5.00 p.m. for both Individual and Team categories.
- The link to access the Pre-challenge questions will be provided via email to allow successful registrants to access the questions.
- The Pre-challenge contains 20 online multiple-choice questions (a mixture of 16 tax questions and 4 non-tax questions).
- For the Team category, please assign only ONE (1) team representative (team leader) to complete the Pre-challenge. Kindly complete the assessment using only one (1) compatible device. A desktop or laptop computer is recommended for the best performance.
- Challengers are given 30 minutes to complete the assessment from first login.
- The Pre-challenge is meant for simulation purposes and no marks will be awarded. Challengers are advised to provide feedback and report on any issues faced on the online test platform after the trial test by reaching out to us at mydtc@deloitte.com.
Assessment Stage – 21 September 2022
- The online test will begin on Wednesday, 21 September 2022 from 9.00 a.m. to 7.00 p.m. for both Individual and Team categories.
- Challengers from both Individual and Team categories will be tested on 40 online multiple-choice questions (a mixture of 34 tax questions and 6 non-tax questions).
- The link to access the assessment will be released to the Challengers via email on 21 September 2022.
- For Team category, please assign only ONE (1) team representative (team leader) to complete the challenge. Kindly complete the assessment using only one (1) compatible device. A desktop or laptop computer is recommended for the best performance.
- Challengers are advised to complete the assessment as soon as possible.
- Challengers are given 60 minutes to complete the online test from first login.
- Results will be announced on our Facebook page and website.
Note: Challengers must attempt all the questions (DO NOT SKIP ANY) in order to be entitled for the e-certificate and qualification for the Semi-finals. Please attempt the assessment under a stable internet connection.
Semi-finals – 8 October 2022
- The questions will be released to the semi-finalists on 8 October 2022, 9.00 a.m. for Individual category or 2.00 p.m. for team category via email.
- Semi-finalists are required to present their solution to the questions via a video clip uploaded on YouTube latest by 1.00 p.m. or 6.00 p.m. for Individual and Team category respectively. Visibility of the video presentation must be set to private.
- Length of the video clip should not exceed 5 minutes for Individual category and 10 minutes for Team category.
- Video clip’s visual and audio quality must be clear where video editing/subtitles are not required. No extra marks will be awarded.
- Late submissions will not be entertained.
- Normal examination rules apply. All semi-finalists are not allowed to discuss or share materials with other participants/third parties.
- Results will be announced on our Facebook page and website.
Grand Finals and Gala Dinner – 17 November 2022
- A presentation skills workshop will be provided to the finalists on 16 November 2022 to prepare them for the Grand Finals.
- The Grand Finals will be held on 17 November 2022 at our Deloitte Malaysia Kuala Lumpur office.
- The finalists will be given a real-life scenario business challenge to work on, upon reaching the Grand Finals.
- Finalists will be given 120 minutes to prepare for the written assessment (report) and oral presentation (PowerPoint presentation). Finalists are required to present their solutions to a panel of judges within the 15 minutes (Individual Category) or within the 20 minutes (Team Category) time limit.
- The written assessment will carry a weightage of 40% while the oral presentation will carry a weightage of 60% in the final score.
All finalists will be invited to attend the Gala Dinner. - Normal examination rules apply. All finalists are not allowed to discuss or share materials with other participants/third parties.
- Results will be announced on our Facebook page and website.
Award | Individual Category |
Team Category |
---|---|---|
Champion | RM3, 800 Internship or job opportunities with the firm upon graduation Represent Malaysia in the Deloitte Southeast Asia Tax Challenge 2023 |
RM10,000 Internship or job opportunities with the firm upon graduation |
1st Runner-up | RM2,500 | RM5,000 |
2nd Runner-up | RM1,200 | RM2,500 |
Merit Awards (x2) | RM600 | RM1,000 |
Special Awards:
- Best Presenters Award sponsored by ACCA Malaysia (both categories).
Note: Best presenters from the Team category will form a new team to represent Malaysia in the Deloitte Southeast Asia Tax Challenge 2023.
* Additional details will be shared with the Challengers in due course.
References
The following materials may be brought in during the various stages of the Deloitte Tax Challenge.
Legislations |
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Income Tax Act 1967 |
Promotion of Investments Act 1986 |
Stamp ACt 1949 |
Reference books |
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Malaysia Master Tax Guide |
Veerinder on Taxation |
Malaysia and Singapore Tax Cases Digest |
Manual of Capital Allowances and Charges, Malaysia |
Thornton's Malaysian Tax Commentaries |
* All versions of the above books are allowed.
* For more information regarding the challenge, please reach out to our Deloitte Student Ambassadors or email us at mydtc@deloitte.com.
Exclusive sponsor
We would like to acknowledge ACCA for its support towards Deloitte Tax Challenge 2022:
