ABOUT THE EVENT

Implemented on 1st April 2015, it has been a year since the Goods and Services Tax’s revolution in Malaysian Economy. It is visible that GST rules and practices are constantly evolving time to time. Implementing GST and submitting GST returns without knowing the up-to-date rules and practices may and have been resulting in costly penalties. Most corporate entities are going through many challenges syncing with GST alongside its growth.

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GST in Malaysia has undergone several amendments and updates since its implementation a year ago. Further to that, it has been affected from other legislation and organizations like RMCD, IRB, etc. That aside, budget 2016 has also opened to more changes to GST. Along with these, the current Malaysian economic condition continues to put pressure on government’s revenue. With many questions on mine, like the IRB’s intention to increase collections, RMCD to increase GST receipts while reducing funds and the effect on audits and would taxpayers need to take greater focus towards achieving compliance, a clear view becomes a need for all conference entities.

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This forum would not only address the recent developments, practical issues, latest updates, and amendments of GST, but also provide different methods of solution from the minds of top tax professionals in the country. It is a one day forum made of 4 slots covering the top 4 most pertinent issues on GST.