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International tax workshop Malaysian withholding tax Thursday, 23 March 2017 Ilmiah Room, Level 22, Menara Milenium Tax Thought Leadership Series

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International tax workshop

Malaysian withholding tax

Thursday, 23 March 2017Ilmiah Room, Level 22, Menara Milenium

Tax Thought Leadership Series

Time

8:00 a.m. Registration and breakfast

9:00 a.m. Overview of withholding tax (WHT)

9:15 a.m. Items subject to WHT (Part I):• Special classes of income (changes under the Finance Act 2017)

10:30 a.m. Coffee break and networking

11:00 a.m. Items subject to WHT (Part II):• Contract payments• Interest or royalty (changes under the Finance Act 2017)• “Other gains or profits” under Section 4(f)

11:50 a.m. WHT administration:• Deadline for remittance of WHT to the IRB • Administrative procedures • Consequences of non-compliance

12:30 p.m. Lunch and networking

1:30 p.m.What to look out for in tax treaties:• Permanent establishments and business profits• Dividends, interest, technical fees and royalties

2:30 p.m. Interaction of new WHT rules with Malaysia’s tax treaties

3:15 p.m. Coffee break and networking

3:45 p.m.Updates on tax treaties:• New tax treaties / changes in tax treaties• OECD Base Erosion Profits Sharing (BEPS)

4:45 p.m. Questions and answers

5:00 p.m. Close

Agenda

Globalization, coupled with the rapid shift in the world economy in recent years, has driven corporations to explore new markets for growth opportunities. With increasing cross-border investments and presence, corporations are engaging in more inter-company transactions. To protect the bottom line from unexpected tax exposures, Malaysian corporations need to understand the Malaysian withholding tax system, especially in light of recent changes introduced in the Finance Act 2017, and be aware of how double tax treaties may provide taxpayers with relief.

We are pleased to bring you this International Tax Workshop, which is designed to provide the latest updates on the Malaysian withholding tax system and also the application of the double taxation agreements. We hope you will be able to join us!

What to expect?

Registration fees

Registration fee (per person)Fee (inclusive of GST)

(RM)

Normal rate 848

Group registration(Group of three (3) individuals and above registering under the same company or group of companies)

742

*Fee includes breakfast, lunch, refreshments and materials.

How to register?

• To register, please submit the fully completed registration form via fax or email and make payment promptly.

• Payment of the registration fee will be due on issuance of the GST Tax Invoice.• A confirmation of your registration will be sent to you via email before the event date.

HRDF and CPEs• 7 CPE hours (participants will be issued a Certificate of Attendance upon request)• Employers registered with the HRDF can submit an application for training grant under the Skim

Bantuan Latihan (SBL) via www.hrdf.com.my. Application is subject to HRDF approval.

Closing date: 17 March 2017

For more information: Email [email protected] or call Valerie Joshua at +603 7495 8310

Speakers

Anil has over 16 years of experience in tax compliance and advisory engagements for large Malaysian corporations, multinationals and individuals.

Anil leads EY International Tax Services team in Malaysia. He has been involved in numerous cross-border advisory engagements (both inbound and outbound), particularly in relation to advising on the tax and regulatory issues facing companies investing in Malaysia and abroad, such as the identification of appropriate holding structures, regulatory approvals, tax incentives, structuring of operations, withholding tax mitigation and exit strategies. He has also advised on the tax implications of a number of acquisitions, restructuring exercises and divestments.

Andrew is a member of EY International Tax Services team in Malaysia.

He has been involved in numerous cross-border advisory engagements (both inbound and outbound), in areas such as the identification of appropriate holding structures, taxation of royalties and commissions, electronic commerce transactions, withholding tax and tax-efficient profit repatriation. Prior to joining the International Tax Services team, Andrew was based in the UK where he accumulated over six years of experience in tax compliance and advisory engagements.

Pritam is a member of EY International Tax Services team in Malaysia.

He is experienced in tax planning, restructuring, compliance, advisory and tax due diligence reviews. Pritam has also managed numerous cross-border advisory projects from both inbound and outbound perspectives. Prior to rejoining EY in July 2014, Pritam was a tax manager with a multinational consumer electronics group where he attended to corporate tax, indirect tax and transfer pricing matters and the implementation of ad-hoc internal projects.

Anil Kumar PuriPartner International Tax ServicesErnst & Young Tax Consultants Sdn Bhd

Andrew LohSenior Manager International Tax ServicesErnst & Young Tax Consultants Sdn Bhd

Pritam SinghSenior Manager International Tax ServicesErnst & Young Tax Consultants Sdn Bhd

Closing date for registration: 17 March 2017

Contact person’s details

Name:

Company:

Tel:

Designation:

Address:

Fax:

Email:

Participants’ details

No. Name Designation Email Tel.

Vegetarian meal

(Please tick if

required)

1.

2.

3.

4.

Payment details

For crossed cheque/bank draft Payable to: Ernst & Young Tax Consultants Sdn. Bhd. Mail to: Ernst & Young Tax Consultants Sdn. Bhd. Finance Department Level 23A Menara MileniumJalan DamanlelaPusat Bandar Damansara50490 Kuala Lumpur

For wire/direct paymentBeneficiary: Ernst & Young Tax Consultants Sdn. Bhd.Account: 301751814101Swift code: HBMBMYKLBank: HSBC Bank Malaysia BerhadAddress: Main Branch, Bangunan HSBCNo. 2 Leboh Ampang50100 Kuala Lumpur

Notes

• No refund will be given for cancellations made after 17 March 2017. A replacement participant may be sent.

• The organiser reserves the right to make any changes to the programme, venue and/or speakers where necessary.

To:

Tel:

Fax:

Email:

Valerie Joshua

+603 7495 8310

+603 2095 7043

[email protected]

Seminar fee(Fee inclusive of GST)

(Please tick one)

Normal rate(RM)

Group discount(RM)

Fee 848 x ____ pax 742 x ____ pax

Please find enclosed a cheque (No. ______________________) for RM_____________.

All cheques should be crossed and made payable to Ernst & Young Tax Consultants Sdn. Bhd.Please indicate the company’s name and “International tax workshop” on the reverse side of the cheque.

Thursday, 23 March 20178:00 a.m. to 5:00 p.m.Ilmiah Room, Level 22, Menara MilleniumRegistration form

International tax workshop

EY | Assurance | Tax | Transactions | Advisory

About EY

EY is a global leader in assurance, tax, transaction and advisory

services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

©2017 Ernst & Young Tax Consultants Sdn. Bhd.

All Rights Reserved.

APAC no. 07000883

ED None

This material has been prepared for general informational purposes

only and is not intended to be relied upon as accounting, tax or other

professional advice. Please refer to your advisors for specific advice.

ey.com/my