Tax Audit Framework 2017 Seminar
12 September 2017
Tax audits will continue to be a main area of focus for the Malaysian Inland Revenue Board (IRB). The last thing an employer wants is to be caught unprepared for a tax audit.
In light of this, our tax team held a half-day seminar, where our tax experts Ang Weina, Global Employer Services Leader; Chow Kuo Seng, Business Tax Audit & Investigation Leader and Chee Ying Cheng, Global Employer Services Director highlighted the major changes in the Tax Audit Framework 2017 and provided participants with an insight of top 5 areas of focus by the IRB in a tax audit on employers.
Click here to view photos of our seminar.
Revised Principal Hub Guidelines & Tax Incentives For Shared Service Centres Talk
29 September 2017
The Principal Hub Incentive, previously introduced on 6 April 2015, has recently undergone a revamp, providing clarity in the incentive, especially for existing companies and approved Operational Headquarters (OHQ)/International Procurement Centres (IPC)/Regional Distribution Centres (RDC) with or without incentives. The revised guideline was recently issued by the Malaysian Investment Development Authority (MIDA) and it takes effect from 7 July 2017.
Therefore, to further understand the key changes, and opportunities available through the Principal Hub incentive as well as incentives for shared services centres, Deloitte’s tax team held a focused tax workshop where our tax experts Sim Kwang Gek, Grants & Incentives Leader and Tan Eng Huat, Business Tax Compliance Director shed light on issues such as revised guidelines vs preceding guidelines, principal hub vs MSC Malaysia Status for shared service centres and Malaysia as a shared services centre/hub.
Click here to view photos of our talk.