Withholding Tax

Withholding tax is an important provision within the Malaysian income tax system. Understanding the practical issues and latest development in relation to withholding tax will be essential to avoid penalties being imposed for non-compliance. The course will provide a practical approach of understanding the withholding tax system in Malaysia. The course outline will encompass the following:

• Purpose and objectives of withholding tax
• Payments subject to withholding tax
• Penalties for non-compliance
• Latest practice by the Inland Revenue Board
• Public Ruling
• Practical issues in relation to withholding tax
• Relevant case law

Target Audience:

All

CPD Code:

081021KL1

Speaker's Profile

Mr Chow Chee Yen

Chee Yen is a Fellow Member of The Association of Chartered Certified Accountants (FCCA), 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 16 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 organized by MIA, MIT, ACCA, CPA Australia, 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.

In addition, he has been lecturing in various colleges and university in the Klang Valley for the past 13 years, specialising in taxation papers for professional examinations namely ACCA, MICPA, ICSA and MIT. He was also the Chief Examiner for a taxation paper of a professional examination bodies.

Chee Yen is also an editorial member of the Annual Budget Commentary and Tax Information Booklet jointly published by the professional bodies and has written books on Malaysian taxation for Commerce Clearing House (CCH).