Event Details

This Spotlight Session is Sponsored by Lee Hishammuddin Allen & Gledhill

Join us on May 19, 2017 from 2pm - 3.45pm at the Hotel Equatorial Penang to learn more about the 'Aggressive' Tax Planning.

The Inland Revenue Board (IRB) has recently set up the Aggressive Tax Planning Department, whose core focus is to target MNCs. What is meant by aggressive tax planning and is this allegation of MNCs avoiding tax a fair statement?
Our speaker, Mr S. Saravana Kumar, a tax lawyer with the distinction of representing many MNCs in tax and customs disputes will share his insights on the following:
The role of the Aggressive Tax Planning Department:-
  • Is a Labuan business structure an indication of tax avoidance?
  • New issues in transfer pricing disputes
  • Withholding tax and its correlation with services rendered abroad
  • Creation of permanent establishment
  • Attempts to restrict capital allowance, industrial building allowance, reinvestment allowance and investment tax allowance claims
  • Deductibility of inter group management fee and interest expenses
  • Customs valuation and classification issues
  • Sales tax fraud and its implications on MNCs
  • Rejection of special sales tax refund

This session is FREE for Members and ​due to space limitation, only 2 representatives per company is allowed. Kindly register early to book your seat!​

​For further clarifications, on this program please contact Ms Nadeeka Sarah at nadeeka@amcham.com.my

About Lee Hishammuddin Allen & Gledhill
The firm Lee Hishammuddin Allen & Gledhill is a multi-practice law firm committed to provide personalised legal solutions to businesses including GLCs. An established name in the Malaysian legal landscape, the firm consists of more than 100 lawyers specialising in various aspects of corporate and commercial law. Tax, GST & Customs Practice Our practice team consists of highly rated and awarded thought leaders in the field of tax. Our tax partners, Datuk D.P. Naban and Mr S. Saravana Kumar are ranked as leading tax lawyers in Malaysia.

What is 'Spotlight Session'? This is a unique platform for companies to introduce or feature products, services and inspiring information to the AMCHAM audience in a most immediate way. By addressing a small but intensive audience, the Spotlight Session is an ideal environment for high impact involvement and direct interaction.

Agenda

1:30 PM - 2 PM
Registration & Arrival of Guests
2 PM - 2:05 PM
Welcome Remarks by AMCHAM
2:05 PM - 3:05 PM
Session by LHAG
3:05 PM - 3:20 PM
Q&A
3:20 PM - 3:30 PM
END

Speakers

  • S. Saravana Kumar (Partner at Lee Hishammuddin Allen & Gledhill)

    S. Saravana Kumar

    Partner at Lee Hishammuddin Allen & Gledhill

    Saravana is a partner in the Tax, GST & Private Clients group and is consistently rated as one of the leading tax lawyers in Malaysia by leading legal directories. A Chevening scholar, he covers the full range of tax work, including tax litigation and advisory, tax audit and investigation, transfer pricing, double taxation issues in cross-border transactions and indirect tax, as well as stamp duty matters. He regularly represents taxpayers in negotiations with the Inland Revenue Board, Royal Malaysian Customs Department and Ministry of Finance. Saravana has also appeared in benchmark litigation, achieving a sizeable volume of wins in tax disputes. 

    His practice extends to advising private clients on a broad range of issues covering family matters, estates and private property, the establishment of trusts, tax planning and management of private companies.

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