INTRODUCTION
Income Tax is a direct tax, and in certain circumstances, the payer has a legal responsibility under ITA 1967 to withhold tax when making payments to non-residents. Failure to do so may result in penalties and disallowance of tax deductions on such payments. Withholding Tax (WHT) provisions continue to evolve both domestically and internationally — making it crucial for finance and accounting teams to understand compliance requirements and avoid costly mistakes.
OBJECTIVES
- Understand the full scope of withholding tax and its applications
- Learn obligations related to reimbursements and disbursements for services rendered by non-residents
- Identify and avoid penalties for incorrect claims or failure to remit WHT
WHO SHOULD ATTEND?
Chief Financial Officers, Financial Controllers, Finance Managers, Accountants, Tax Consultants, Company Secretaries, and Tax Practitioners/Advisors.
METHODOLOGY
PowerPoint presentations, in-depth discussions, and real case studies to provide hands-on learning and practical application.
COURSE OUTLINE
- Introduction & Responsibility of Payer – Scope of WHT, applicable rates, payer obligations, non-deductible expenses, disallowed capital expenditure.
- Royalty & Interest – Definitions, derivation of income, WHT deduction, exemptions, penalties for non-compliance and incorrect returns, treaty protection to minimize WHT.
- Public Entertainers & Special Classes of Income – Scope, derivation of income, exemptions, penalties, definitions, and services covered under special classes.
- Other Income, Contract Payments, Agents/Dealers/Distributors – S4(f) income, set-off provisions, contract payment tax planning, thresholds, timeframes, penalties, remission options, and administration.
CERTIFICATE OF PARTICIPATION
PARTICIPATING FEE
RM1,350 per person (1-day course) – Inclusive of tea-breaks, lunch, course notes, certificate of participation, and 8% SST.
HRD Corp Claimable under SBL-Khas
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