Corporate Tax & Transfer Pricing

04 May, 2021, Webinar Classroom Training

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Webinar Classroom Training

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Module 1: Tax Allowable & Deductions
  • Module 2: Understanding Tax & Tax Planning
  • Module 3: Reinvestment Allowance (RA)
  • Module 4: Introduction Of Transfer Pricing
  • Module 5: Transfer Pricing Methodologies
  • Module 6: Documentation
INTRODUCTION

The Course examines the many crucial facets of Taxation & Transfer Pricing, and the relevant laws as well as the procedures necessary to comply with the requirements of the Inland Revenue Board.

 

This course will address the Impact of Corporate Tax & Transfer Pricing on corporate businesses in line with the commercial objectives of organizations and multinationals.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Obtaining Relevant and Crucial Guidance on Corporate Tax Planning.
  2. Learning the Updates on Tax Deductions (Allowance Vs Non-Allowance Expenses).
  3. Understanding the Principles in Computation of Corporate Tax.
  4. Reviewing Reinvestment Allowance (RA).
  5. Developing Basic Technical Knowledge of Transfer Pricing and the Significance of the Arm’s Length Principle.
  6. Identifying The Interaction Of Transfer Pricing And Wider Technical Areas Of Tax, Finance, And Accounting To Further Enhancing Your Business Skills.
WHAT YOUR COLLEAGUES ARE SAYING ABOUT THE COURSE…
  • “The tools of goal seek & solver shared are very useful & help in better understanding of tax planning. The best thing I learn from this course is the various simulation exercises on SST, Withholding Tax, Corporate Tax & Employment Tax. The whole program meets the objectives.”
    Bursar, Kolej Profesional Baitumal
    Kuala Lumpur
  • “The best thing I learn from this course is the material shared are all easy to understand. I’ve learnt the systematic ways to compute Corporate Tax.”
    Executive Tax Accounting,
    Petroleum National Bhd (PETRONAS)
  • “The benefit from this course is the complete coverage of tax area for a new career. Dr Steven Liew shared a lot of references and tips that can be applied to my job.”
    Tax Accounting, Group Financial Controller, Petroleum National Bhd (Petronas)
  • “Very good exposure on taxation and correct ways of computing & the legal ways for tax planning.”
    Finance Executive, Nova Spectra Sdn Bhd
WHO SHOULD ATTEND
Entrepreneurs, Tax Managers, Accountants, CFO, Business Managers, Finance Managers, Supervisors, and all those who are keen in updating on Tax Planning & Transfer Pricing documentation Preparation.
METHODOLOGY

Interactive Lectures and Group Discussion. Real-current Corporate Tax & Transfer Pricing issues will be analyzed, and scenario solutions will be discussed within the course.

 

Special Feature: NOTE: Please bring laptop along (tax excel templates will be provided)

WHAT YOU WILL LEARN
9:00

MODULE 1: TAX ALLOWABLE & DEDUCTIONS

  • Allowable expenses
  • Non-allowable expenses
  • Special Deduction
  • Double Deduction
10.45

MODULE 2: UNDERSTANDING TAX & TAX PLANNING

  • Income tax computation
  • Non allowable deduction
  • Special deduction
  • Double deduction
  • Capital allowance.
  • Approved Donation
  • Tax rate
  • Use financial tools of goal seek & solver to meet management tax planning & cash flow position.
12.00

MODULE 3: REINVESTMENT ALLOWANCE (RA)

  • Special Tax Incentive
  • Restricted To 70% Of the Statutory Income
  • Unabsorbed RA
  • RA is given on a company basis.
  • Qualifying project
  • Qualifying period
  • Disposal of assets
  • Claim procedure.
1:00 Lunch
2:00

MODULE 4: INTRODUCTION OF TRANSFER PRICING

  • Objective
  • Scope
  • Relevant Provisions
  • Control and Associated.
  • Arm’s Length Principle-OECD
  • Controlled Vs Uncontrolled Transactions
 

MODULE 5: TRANSFER PRICING METHODOLOGIES

  • Comparable uncontrolled price method
  • Resale price method
  • Cost plus method.
3:45

MODULE 6: DOCUMENTATION

  • Retention of Records
  • Transfer Pricing Documentation
  • Submission of Transfer Pricing Documentation
  • List of Documentation
  • Support the Transfer Pricing Analysis
  • Penalty
5:00 End of Course