In an increasingly global environment, payments to nonresidents are becoming more commonplace resulting in withholding tax exposure. It is therefore crucial for companies to understand its scope, applicability, mechanism and reliefs to ensure that it is properly accounted for.

Note: pricing is customised, contact us for more information.

0.5 days                  Classroom/virtual

Target audience

• Finance directors
• Tax controllers
• Senior management
• Finance and tax managers/executives
• Financial analysts
• Regulators, academicians and accountancy students

Objectives

This module provides a better understanding of the applicability of withholding tax (WHT) and various issues arising from payment to non-residents which might be overlooked by companies.

Outcome

Ability to understand the applicability of WHT and various issues arising from dealing with non-resident service providers.

Agenda

Withholding tax (“WHT”) covering:

• Objectives of withholding tax and a brief overview of WHT
• Services under a contract
• Special classes of income under Section 4A
• Interest and royalties
• Other gains and profits under Section 4(f)
• Payment for software/Public rulings/Exemptions
• Impact of double tax agreements
• Mechanism and payers obligations
• Compliance and penalty provisions

Professional associations recognising PwC CPE points

Not applicable

HRDF claimable

Not applicable

Available in

Malaysia