Post Budget Review 2009

Course Contents

The Government has committed to reduce the corporate tax rate by one percent to 25 percent for year of assessment 2009. With the announcement of Budget 2009, the implication on tax will embark a new wave of tax planning approaches by organizations and firms.

The half-day seminar will cover the changes and proposals coming out in the Budget 2009. The speaker will interpret the rhetoric and present valuable insights into the implications on the budget initiatives for organizations and firms to leverage on any tax planning opportunities.  

Areas to be covered include:

Budget 2009 proposals

·Single tier dividend system and its implication
·Investment holding company and its tax implications
·Abolishment of RPGT – what’s the impact to income tax?
·Tax audit strategies with the framework
·Recovery from the Government – defend strategies and appeal procedures
·Structure of capital receipts.

The Post Budget Review 2009 seminar will highlight 2007 and 2008 leading tax cases, gazette order as well as public rulings introduced during the year 2008.

Relevant to All
CC/ 080830KL1

Speaker’s Profile

Dr Choong Kwai Fatt is a tax consultant and associate professor of the Faculty of Business and Accountancy of University of Malaya.

Prior to joining the University of Malaya, he was a tax consultant involved in both tax advisory and tax compliance attached with Price Waterhouse Tax Services Sdn Bhd (now known as PriceWaterhouseCoopers Tax Services Sdn Bhd).

Dr Choong is the member of the Malaysian Institute of Accountants (MIA), a member of the Malaysian Institute of Certified Public Accountant (MICPA), fellow member of the Association of Chartered Certified Accountants (ACCA) and the fellow member of the Malaysian Association of Company Secretaries (MACS). He holds a Master degree in Comparative Law and also a Doctorate in Philosophy (Taxation Law) from the International Islamic University of Malaysia.

He is the author of several well-known taxation books. He has written over 150 books, articles and papers, which covers the areas of tax, law and accounting issues.