Tax and Business Seminar & MFRS Updates 2019

Anticipate tomorrow. Deliver today.

kpmg.com/my

5 November 2019

Hilton Hotel, Kuching

7 CPE Hours

HRDF Claimable

The Government recently introduced the Shared Prosperity Vision 2030, an economic model aspired to elevate the country’s businesses and industries to new heights via a clear understanding of Industrial Revolution 4.0 and application of digital economy. It also aspires to elevate the Rakyat’s share in the nation’s economic benefits and prosperity in a fairer and more equitable manner.

This year’s seminar will provide you with an overview of the 2020 Budget and its impacts on businesses and individuals, tax updates and developments since the last budget as well as a discussion on updates in Sales and Services Tax.

MFRS Updates 2019/2020 Seminar

© 2019 KPMG Tax Services Sdn. Bhd., a company incorporated under Malaysian law 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.

This year’s seminar is designed to provide participants the accounting updates on the recent development and discussion at the International Accounting Standards Board (“IASB”), including issues discussed at the IFRS Interpretation Committee (“IFRIC”). In addition, this seminar gives a special attention to the newly effective standard, MFRS 16 Leases. While most companies are busy in getting their numbers for MFRS 16 reporting ready, this seminar is aimed at providing a quick recap of the key concepts, transition options and insights on common application issues surrounding the implementation of MFRS 16.

Tax and Business Seminar 2019

PROGRAM

Disclaimer: The organizer reserves the right to alter the event program or content at any time without giving prior notice to the participants. Participants should review the relevant event details before registering for the event. In case of any dispute, the organizer reserves the right of final decisions and interpretation.

Tax and Business Seminar & MFRS Updates 20195 November 2019, Tuesday | 8.15am – 5.00pm | Hilton Hotel, Kuching

Registration & Coffee8.15am – 8.50am

Welcome & Introduction8.50am – 9.00am

Budget 2020 – Proposed Tax Changes & Impacts9.00am – 9.45am

Post Budget 2019 Tax Changes & Developments 9.45am – 10.30am

Questions & Answers10.30am – 10.45am

Questions & Answers12.15pm – 12.30pm

10.45am – 11.15am Refreshments & Networking

11.15am – 12.15pm SST Updates

Lunch12.30pm – 1.45pm

Tax Business Seminar

AgendaTime

Registration12.00noon – 12.30pm

Lunch12.30pm – 1.45pm

Welcome & Introduction1.45pm – 1.50pm

IASB Recent Developments & Updates1.50pm – 3:30pm

Refreshments & Networking3:30pm – 3:45pm

3.45pm – 6.00pm Transitioning to MFRS 16 - Leases

6.00pm Close

MFRS Updates

AgendaTime

© 2019 KPMG Tax Services Sdn. Bhd., a company incorporated under Malaysian law 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.

3 CPE Hours (Tax session) / 4 CPE Hours (MFRS Updates) / 7 CPE Hours (Full day)

HRDF Claimable

This conference grants 7 CPE hours and is HRDF claimable under the Skim Bantuan Latihan, subject to approval by Pembangunan Sumber Manusia Berhad.

© 2019 KPMG Tax Services Sdn. Bhd., a company incorporated under Malaysian law 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.

Speakers’ Profile (Tax)

Dany OonExecutive Director, Indirect Tax Practice

Dany has more than 15 years of experience in corporate and indirect tax. Dany’s current focus is on indirect tax, principally sales tax and service tax and has extensive experience in indirect tax exemption advisories, applications, valuations and due diligence, including industrial experience in a multinational company on indirect tax planning, compliance and internal controls.

Dany has been active in GST implementation projects, health checks, audits and advisories. He was seconded to KPMG Singapore in 2006 to understudy the mechanism of Singapore GST and liaised with the Inland Revenue Authority of Singapore (“IRAS”) on GST compliance and audits.

Dany is a regular speaker on indirect taxes.

Tai Lai Kok Executive Director & Head of Tax

Lai Kok brings over 28 years’ experience in tax compliance and advisory work on both corporate and individual clients. He involves himself in corporate restructuring exercises and also assists clients on tax incentive matters including the preparation and submission of applications to the relevant authorities.

Lai Kok leads and oversees all the tax units including those in the outstation offices in order to provide clients with a consistent and quality delivery. His role also requires him drive strategies within the Tax business units in line with the Firm’s vision of being The Clear Choice. He also oversees KPMG Tax training to provide a sustainable learning platform for all Tax staff.

Tang Yeth FongDirector, Tax

Yeth Fong has over 25 years of experience in corporate taxation covering advisory, compliance, incentives, audits and due diligence. Her portfolio clients include public listed, private and foreign entities in a diverse range of industries.

Yeth Fong was attached to the Specialist Issues Group of KPMG Tax Malaysia in 2005 and is a regular speaker on corporate tax and the national budget.

Regina LauExecutive Director, Tax – Sarawak

Regina oversees KPMG’s tax practice in Sarawak. She has over 25 years of tax experience with KPMG and was attached to KPMG’s Asia Pacific Tax Centre in Melbourne, Australia in 1995/96. Regina leads her team in providing tax services to public listed groups, private and foreign entities in various industries and her portfolio services include all aspects of income tax advisory, compliance, due diligence reviews, risks mitigation and management including tax audits and investigations, tax incentives, transfer pricing and indirect taxes.

Regina is a licensed tax agent and approved HRDF Certified Trainer. She is a regular panelist and speaker on tax topics.

© 2019 KPMG Tax Services Sdn. Bhd., a company incorporated under Malaysian law 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.

Speakers’ Profile (MFRS)Chong Chen KianPartner

Chen Kian is an Audit Partner of KPMG in Malaysia. He has 20 years of experience with KPMG auditing public listed and multi-national companies, including 2 years with KPMG in the UK. In addition to audit, he is also involved in providing technical accounting advisory services and reporting accountants work for capital market transactions. Chen Kian’s industry experience includes oil and gas, power, trading, manufacturing, construction and agriculture sectors. Chen Kian is a member of both MIA and MICPA, and a fellow member of CPA Australia.

Oh Sye YiDirector

Sye Yi is attached to the Audit Technical Department of KPMG in Malaysia. Sye Yi’s audit experience includes clients from various industries such as consumer markets, manufacturing and trading, hotel and real estate. She has extensive experience in initial public offering (“IPO”) exercise both locally and in Taiwan. She is also a speaker for KPMG’s various MFRS public seminars and workshops, and conducts in-house technical trainings on accounting topics for the Firm’s professional staff as well as client in-house trainings.

* Registration fee is inclusive of SST, conference materials, refreshments 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.

For online payment:Bank Name: Account Name: A/C No:

Payment

Cancellation

No refund will be given for any cancellations, however, a substitute delegate is welcomed at no extra charge if the registered participant is unable to attend.

This conference grants 3 CPE hours (Tax session) or 4 CPE hours (MFRS session) and is HRDF claimable under the Skim Bantuan Latihan, subject to approval by Pembangunan Sumber Manusia Berhad.

Early bird registration & payment deadline: 15 October 2019Normal registration & payment deadline: 25 October 2019

Fees

Registration

Please email the bank remittance slip to:

Ms Tiffany Sim gbsim@kpmg.com.my

Ms Yong Sze Yiansyyong@kpmg.com.my

Kindly state the tax invoice number and company name on the slip.Tel: 082-268 308Fax: 082-530 669

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

© 2019 KPMG Tax Services Sdn. Bhd., a company incorporated under Malaysian law 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.

The KPMG name and logo are registered trademarks or trademarks of KPMG International.

MaybankKPMG Tax Services Sdn Bhd 512866163409

Early bird / alumni / group of 3 or more

Normal

Tax sessions RM265.00 RM212.00

RM636.00 RM530.00

RM901.00 RM742.00

1/2 day with lunch and tea break

1/2 day with lunch and tea breakMFRS sessions

Total

RM795.00 RM700.00 Full day with lunch and tea breaksBoth sessions

REGISTER ONLINE HERE