Deloitte TaxMax th · Deloitte TaxMax – The 45th series Rebuilding the Economy for our Future...
Transcript of Deloitte TaxMax th · Deloitte TaxMax – The 45th series Rebuilding the Economy for our Future...
Deloitte TaxMax – The 45th series
Rebuilding the Economy for our Future
Monday, 18 November 2019 8.30 a.m. – 5.30 p.m. G Hotel Gurney, Georgetown Penang
An event by Deloitte Tax Academy
Overview
Key takeaways
This year’s 45th TaxMax series, themed ‘Rebuilding the
Economy for our Future’ will showcase strategies,
challenges and expert views that can help you steer your
business landscape in the right direction, as our country
strives in an ecosystem that continues to be impacted by
digitalisation. This full-day seminar will cover an extensive
range of topics, as well as an in-depth analysis of the 2020
National Budget announcement scheduled for Friday, 11
October 2019.
Highlights
Budget 2020
Forum Talkpoint: #ReadyMalaysia2020: Will the bull or bear
rule the year?
Analysis of recent tax cases
Anti-Base Erosion and Profit Shifting (BEPS) measures
When special voluntary disclosure ends, what’s next?
Who should attend
CEOs, CFOs, finance professionals and any discerning
individuals who wish to gain insights into the Budget, and
capitalise opportunities on a refreshed business landscape.
12.30 p.m. Lunch
Deloitte TaxMax – The 45th series
Programme Time Event Speaker(s)
8.30 a.m. Registration
9.00 a.m
9.10 a.m.
9.30 a.m. 2020 Budget:
• Personal income tax
• Corporate and other taxes, incentives
• Au Yeong Pui Nee • Mark Chan and Tan Wei Chuan
11.00 a.m. Forum Talkpoint:
• #ReadyMalaysia2020: Will the bull or bear rule
the year?
Moderator: Sim Kwang Gek
• Dato’ Seri Wong Siew Hai, Chairman of Malaysian
American Electronics Industry
• Dr. Irwan Shah Zainal Abidin, Associate Professor
of Economics
• Kim Chin Kuang, Vice President, Global Business
Services, Finance, Jabil
1.30 p.m.
When special voluntary disclosure ends, what’s next?
• Impact of audit and investigation on companies
• Impact of AEOI on individuals
• Transfer pricing audits
• Ng Lan Kheng
• Mark Chan
• Subhabrata Dasgupta
3.15 p.m.
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10.30 a.m. Coffee break
Anti-Base Erosion and Profit Shifting (BEPS) measures
Action 6 – The end of treaty shopping and international tax
planning?
Action 7 – Permanent establishment – myth or reality?
• Tan Hooi Beng
5.00 p.m. Networking cocktail
2020 Budget – Cont’d:
Customs & indirect taxes
Update of Sales and Service tax
• Tan Eng Yew
2.15 p.m. Analysis of recent tax cases • S. Saravana Kumar, Lee Hishammudin Allen & Gledhill
4.00 p.m.
4.45 p.m. Q&A Session
6.00 p.m. End of seminar
• Welcome and introduction
• Opening address by Inland Revenue Board of Malaysia (IRBM) • Ng Lan Kheng
• Azizol Bin Ahmad, Penang State Director of IRBM
Azizol Bin Ahmad
Penang State Director of Inland Revenue Board of Malaysia (IRBM)
Encik Azizol graduated from University Malaya in 1986 and has over 28 years of experience with the
IRBM. He served the IRBM Ipoh Branch from 2002 to 2004 as Deputy Principal Director. From 2006
to 2009, he was attached to the IRBM Raub Branch and Revenue Management Department.
He became the Director of Payment & Services Division, Revenue Collection Department from 2009
to 2017. Before he became Penang State Director on 1 June 2019, he was the Director of the
Wangsa Maju Branch from 2017 to 2019.
Deloitte TaxMax – The 45th series
Guest speakers
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S. Saravana Kumar
Partner, Lee Hishammuddin Allen & Gledhill
Saravana has appeared in benchmark litigations with a sizeable volume of wins in tax disputes.
Praised for his ability to “think outside the box” and “innovative approach” in interpreting the law,
Chambers Asia Pacific 2016 acknowledged Saravana for being “dynamic, efficient and helpful”.
Meanwhile, Chambers Asia Pacific 2017 commented that clients have remarked, “His tax knowledge is
very in-depth and he is fast at responding.”
Saravana is an Adjunct Professor with Universiti Tenaga Nasional (UNITEN) and chairs the Taxation
Section of LAWASIA.
Dato’ Seri Wong Siew Hai
Chairman of Malaysian American Electronics Industry
Chairman of Electrical & Electronics Productivity Nexus
Dato’ Seri Wong Siew Hai has 29 years of working experience in the electronics industry. He served
Intel for most of his illustrious career and retired from Intel after 27 years of service. His last position
with Intel was Vice President of Technology and Manufacturing Group (TMG) and General Manager
of Assembly and Test Manufacturing (ATM).
Currently, Dato' Seri Wong is involved in the electronics industry as the Chairman of MAEI (Malaysian
American Electronics Industry) and Chairman of the E&E Productivity Nexus (EEPN). He is a Board
member of the Penang Tech Centre Bhd and Penang Science Cluster Bhd. With the full support of
the Penang State Government, he pioneered the setup of Tech Dome Penang.
He served as a member of the Board of Directors of the Malaysian External Trade Development
Corporation (MATRADE), under the Ministry of International Trade and Industry (MITI) for 12 years
and was Chair of its audit committee.
Dato’ Seri was awarded the ASEAN Outstanding Engineering Achievement Award by the ASEAN
Federation of Engineering Organizations in 2015.
Deloitte TaxMax – The 45th series
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Dr. Irwan Shah Zainal Abidin
Associate Professor of Economics
School of Economics, Finance and Banking (SEFB)
Universiti Utara Malaysia
Dr. Irwan Shah Zainal Abidin is an associate professor of economics and former Director of the
Asian Research Institute of Banking and Finance at Universiti Utara Malaysia. His research interests
include International Trade, Development Economics, Islamic Finance, and Malaysian Economic
History. He is a recipient of the National Book Award of Malaysia and an Op-Ed columnist in the New
Straits Times. He has served as Visiting Research Fellow in Islamic Finance at the Oxford Centre for
Islamic Studies, Oxford University.
Kim Chin Kuang
Vice President,
Global Business Services, Finance,
Jabil
Kim graduated with a Master of Business Administration (MBA) from the University of Derby, United
Kingdom and is a Bachelor in Accounting from Universiti Utara Malaysia. He is a registered
chartered accountant with the Malaysian Institute of Accountants. He started his career in Ernst &
Young and Kingston Technology.
Kim joined Jabil in 2008 and is currently the Vice President of Global Business Services at Jabil,
based in Penang, Malaysia. He is responsible for the operations and the growth of one of the
largest shared services centers in Jabil. His team of more than 500 employees across the globe
support more than 200,000 Jabil employees worldwide, around the clock.
A keen advocate of issues related to the shared services industry, Kim is currently the chairman of
the Malaysia GBS Focus Group, an industry-driven community dedicated to strengthening the
position of Malaysia as a choice location for the GBS industry. He is also Honorary Chairman of the
Malaysian Institute of Accountants (northern region) and Industry Advisor for University of Tunku
Abdul Rahman and INTI International Universities and Colleges.
Deloitte TaxMax – The 45th series
Sim Kwang Gek
Country Tax Leader
Kwang Gek is the Malaysia Tax Leader and Malaysia M&A tax practice leader. She has over 21 years of
experience in tax with extensive experience in advising local and multinational companies on inbound and
outbound investments, restructuring of operations, mergers and acquisitions, incentive evaluation and
applications, regulatory applications to various government agencies, establishment of businesses in
Malaysia, as well as managing the tax compliance affairs of a portfolio of clients. Kwang Gek is listed in the
Women in Tax Leaders Guide for Malaysia by the International Tax Review.
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Tan Hooi Beng
Deputy Tax Leader
Hooi Beng leads the International Tax service line and has more than 21 years of experience in corporate
and international tax. He has vast experience in advising multinational corporations on corporate
structuring and restructuring, mergers and acquisitions, international offshore financial centres, business
model optimisation, tax treaties and cross-border taxation generally. An avid writer and speaker, he
regularly contributes thought leadership content in print media and takes part in speaking engagements.
Hooi Beng has been listed in the current edition of “The World’s Leading Tax Advisers” (Euromoney).
Deloitte speakers
Mark Chan
Financial Services Industry Executive Director
Mark brings with him over 15 years of experience in the public accounting practice and commercial sector
in corporate and GST compliance and advisory. As a tax consultant, Mark has served insurance clients in
all corporate tax related matters including tax compliance, dispute resolution, tax advisory, mergers and
acquisitions and tax due diligence. As a former in-house tax advisor to a local banking group and a
Malaysian headquartered global conglomerate, Mark also oversaw the income tax compliance, tax review
for new products and GST risk management for insurance entities in the respective groups which
included entities in life insurance, general insurance, family takaful and general takaful. Mark also served
as a member of the GST technical committee of the Chartered Tax Institute of Malaysia as a private sector
representative and represented life and general insurance companies at industry association
deliberations.
Ng Lan Kheng
Business Tax Executive Director
Lan Kheng has more than 21 years of experience in advisory and consultancy on direct and indirect
taxes including GST implementation, transfer pricing, tax investigation and tax due diligence services.
She has also advised on individual tax planning and compliance matters, as well as immigration
solutions for international employees.
Deloitte TaxMax – The 45th series
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Tan Wei Chuan
Transfer Pricing Director
Wei Chuan has more than 16 years of experience in corporate tax compliance matters, tax
planning, tax due diligence, tax audit, transfer pricing, indirect taxes including GST
implementation, personal tax planning and compliance matters.
Au Yeong Pui Nee
Global Employer Services Director
Pui Nee has more than 15 years of experience in taxation. Her specialisation is in Malaysian
individual tax planning and compliance services for international assignees under the Global
Employer Services (GES) service line.
Subhabrata Dasgupta
Transfer Pricing Executive Director
Subharata Dasgupta is an Executive Director in the Transfer Pricing service line of Deloitte
Malaysia. He has extensive experience working for Deloitte’s network of offices in Asia, the EMEA
and the Americas on global and regional transfer pricing documentation and planning
engagements. Subha has more than 12 years of experience in serving clients from varied
industries: electronics and electrical, pharmaceuticals, real estate and construction, financial
services, telecommunications, oil and gas, primary and secondary metal manufacturing, agri-
business, and aerospace and defence, among others. Currently, he is leading the TP Technology
offerings from Deloitte in Malaysia. Subha holds Bachelor of Commerce and Master of Commerce
degrees from the University of Calcutta (India).
Tan Eng Yew
Indirect Tax Leader
Eng Yew has over 21 years of experience in the areas of customs, excise, sales, service tax and GST.
He currently advises clients on various indirect tax matters, including impact on proposed
transactions, indirect tax reviews and due diligence and client representation with the relevant tax
authorities. He has also represented clients in various disputes before the customs authorities and
before the Customs Appeal Tribunal. Eng Yew actively contributes to Chartered Tax Institute of
Malaysia (CTIM) and is currently a member of the CTIM’s Technical and Public Practice Committee,
Examination Committee and also GST committee. Eng Yew is also recognised as an Indirect Tax and
Tax Controversy Leader by the International Tax Review.
Deloitte TaxMax – The 45th series
Registration
When and where
Date: Monday, 18 November 2019
Time: 8.30 a.m. – 5.30 p.m.
Venue: G Hotel Gurney, Georgetown Penang
Payment details
Company name:
Bank name:
Bank address:
Deloitte Tax Services Sdn Bhd
Standard Chartered Bank Malaysia Berhad
18-22, Jalan SS21/39,
Damansara Utama, 47400 Petaling Jaya,
Selangor Darul Ehsan, Malaysia
SCBLMYKXXXX
620-194-720-320
To register / enquire
Contact persons:
Teh Guat Gnoh / Aruldass Sagayamary
Telephone: +604 2189888
Email: [email protected] / [email protected]
Online registration: Click here.
Swift code:
Account:
HRDF** and CPEs
HRDF: Application to Human Resources Development Berhad
(HRDB) for SBL assistance must be submitted by the participants
before the commencement of the seminar. Completed forms are
to be submitted online at www.hrdf.com.my.
Registration details
• Closing date: 11 November 2019
• Confirmation of registration email will be sent upon
receipt of the online registration form
• Seat(s) are confirmed upon receipt of full payment
before the closing date
• No refund or cancellation upon registration
• No extra charge for substitute delegates. Please inform
us of your replacement before the closing date
CPE points: Certificate of attendance will be issued for CPE
verification.
Seminar fee* **Company's eligibility for SBL assistance is subject to HRDF's
approval. This seminar is HRDF-compliant. • RM650 per delegate
• RM600 each for group booking of 2 or more delegates
* The above seminar fees are inclusive of 6% Service Tax
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Disclaimer: The organiser reserves the right to cancel and/or make changes to the programme, venue, speaker(s)/ facilitator(s) and/or topic(s) if warranted by
circumstances beyond its control. A minimum of 3 days’ notice will be given.
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