TAX

Tax/Immigration Considerations for assignment to Malaysia & GST from the HR Perspective

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In today’s highly regulated environment, companies face challenges concerning the tax and immigration compliance and administration matters for their international assignees.

To maintain good corporate reputation and integrity in the eyes of the tax and immigration authorities, shareholders and other stakeholders, it is important to be cognizant of tax and other compliance related issues pertaining to mobilization of employees to Malaysia. Further, the cost for non-compliance with tax and immigration laws can be heavy to the companies as they may suffer severe fines, penalties and administration costs.

In addition to the above, the cost for non-compliance with GST is also heavy.

Two of our three speakers will share with you the tax/immigration issues associated with international assignees who are on short term or long term assignment to Malaysia. Our third speaker will provide you with a good knowledge of GST from the HR perspective.

Workshop Objective

9.00 a.m. - 5.00 p.m.

The topic will include the following:

• What are considered as “work” and under what circumstances an Employment Pass or Professional Visit Pass is applicable?• Consequences of Non Compliance with Visa/Work Permit Requirements• Update on Immigration’s Practice on Expatriate Services Department (“ESD”) and on Immigration- MYXpats (e.g. Processing fees…etc)• Sharing of Practical Experiences

• Source of employment income• Tax Trigger Point• Available tax exemptions under local tax law & tax treaties• Bilateral and Unilateral credit• Intertwining immigration and tax issues• Compliance obligations of employers and employees• Withholding Tax Implications on Independent Services

• GST Overview• Concept of Input Tax Credit• Specific Issues from HR Perspective

Immigration

Income Tax

GST from the HR Perspective

Ms Long Yen Ping, Executive DirectorY P Long has been with the Global Mobility Services (“GMS”) Practice of KPMG Tax Services Sdn Bhd (“KPMG Tax”) in Malaysia for more than 20 years. She has vast experience in dealing with personal tax issues, including the personal tax issues relating to inbound and outbound assignees. In addition, she has experience with regards to the withholding tax imposed on contract payment to non-resident contractors and remuneration repackaging, advice on employee share schemes, review of compensation and benefits for employees including payroll review for companies.

Ms Janet Chua, Associate DirectorJanet has been with GMS Practice for more than 10 years. Her experience includes immigration services and handles work permit applications including liaising with the Immigration Department, Malaysian personal tax compliance and advisory on employer tax related issues.

Mr Dany Oon, Director

Dany has considerable experience in both corporate and indirect tax – where he was responsible for compliance and advisory matters. In addition to his KPMG experience, he also has practical commercial experience with a multinational firm where he gained valuable insights pertaining to improvement of internal controls within the firm.

He is a member of KPMG GST Strategic team and has been involved in GST implementation projects in Malaysia for clients in various industries. Dany also provides GST advice to clients in relation to compliance and planning purposes.

Speaker’s Profile

• Human Resource Personnel• Finance Personnel• Personnel who deal with issues relating to international assignees.

Who Should AttendDetails of the workshop are as follows:- Date : 16 August 2016 (Tuesday) Time : 8.30 a.m. to 5.30 p.m. Venue : One World Hotel, Petaling Jaya

Workshop Details

8.30 a.m. - 9.00 a.m. Breakfast and Registration

9.00 a.m. - 10.30 a.m.Immigration• Work Permit Requirements• Consequences of non-compliance with visa/ work permit requirements• update on Immigration Practice – ESD & MYXpats• Sharing of Practical Experiences

12.30 p.m. - 2.00 p.m.

3.45 p.m. - 4.15 p.m.

4.15 p.m. - 5.15 p.m.

Tea break

2.00 p.m. - 3.30 p.m.

Lunch

3.30 p.m. - 3.45 p.m.

Income Tax• Exemption from Malaysian tax (cont’d)

• Intertwining immigration and tax issues• Provision of Independent Services

- Withholding Tax

Income Tax• Compliance obligations of an Employee• Compliance obligations of a Company, in the capacity of an Employer• Consequences of non-compliance

GST from the HR perspective• GST Overview

• Concept of Input Tax Credit

• SpecificIssuesfromHRPerspective

10.45 a.m. - 12.30 p.m.

Tea break10.30 a.m. - 10.45 a.m.

This workshop is limited to only 35 participants to ensure interactive discussions. Registration is on a ‘first come first served’ basis. For further inquiries, please contact Ms Carmen Yong or Ms Katherine Subramaniam 03-7721 7117 or 03-7721 7348 or email them at carmenyong@kpmg.com.my or katherinesubramaniam@kpmg.com.my.

Agenda

Income Tax• Definitionofsourceofemploymentincome• Tax trigger point• Exemption from Malaysian tax

KPMG Tax Services Sdn Bhd, 10th Floor, KPMG Tower, No. 8, First Avenue, Bandar Utama, 47800 Petaling Jaya, Selangor or fax it to 03-7721 7288/7388.

For online registration, please visit www.kpmg.com.my

(Please photocopy the registration form for more delegates)

Please mail your completed form and cheque to:

� KPMG Alumni

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� KPMG Alumni

� Vegetarian meal

Name:

Salulation: Designation:

Organisation:

Tel: Fax:

Email:

Postal Address:

� KPMG Alumni

� Vegetarian meal

Name:

Salulation: Designation:

Organisation:

Tel: Fax:

Email:

Postal Address:

Registration | Tax/Immigration Considerations for assignment to Malaysia & GST from the HR Perspective

© 2016 KPMG Tax Services Sdn. Bhd., a company incorporated under the Malaysian Companies Act 1965 and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Malaysia.

Certificate of attendance will be issued for 7 CPD hours.

CPD

• RM848 (inclusive of 6% GST) per participant.

• 10% discount is given for registration of two or more participants.

• KPMG Alumni members are entitled to 10% discount.

• Registration fee is to be settled on or before 29 July 2016 to confirm participation.

Registration fee is inclusive of seminar materials, breakfast, tea break and lunch. Cheques should be crossed and made payable to KPMG Tax Services Sdn Bhd.

I/We enclose payment of RM _____________ via Cheque/Bank Draft no. ________________ payable to KPMG Tax Services Sdn. Bhd.

Fee & Payment

• A substitute delegate is welcome at no extra charge if the registered participant is unable to attend.

• No refund will be given for cancellations received less than 14 working days before the workshop date.

Cancellation