21 April 2010 (Wednesday)
As we emerge from the shadow of a major global economic crisis, tax authorities around the world are intensifying their efforts to maximise tax collections in order to recoup their Government's expenditure on the economic stimulus during the downturn.
Against this backdrop, tax authorities in South East Asia are focusing more resources than ever on conducting tax audits to ensure compliance requirements are being met. Traditionally, tax audits have focused on corporate tax reporting but, more recently, the focus has been expanded to include individual tax reporting. The cost of getting the individual tax reporting wrong is often overlooked by employers or dismissed as the employee's obligation. Unfortunately, it is the employer who is all too often left to foot the bill and the amounts can be significant.
To help employers with operations in South East Asia better understand their tax compliance requirements for employees as well as the implications and solutions if non-compliance arises, individual tax specialists from our regional International Assignment Services team shared with you on the following:
- The key compliance obligations and responsibilities for employers in Malaysia, Singapore, Thailand and Vietnam;
- The cost of getting it wrong - penalties, fines and surcharges;
- The more common areas of non-compliance with employer reporting requirements with particular focus on Singapore and Malaysia; and
- What can employers do to take corrective action?
Archived webcast
This is a 1 hour webcast including a Q&A session.
Webcast link:
http://www.thomson-webcast.net/cn/dispatching/?event_id=d0e9c645da6efd3acc02cfc228cb1de2&portal_id=274ef8bd8dba7e9502353ac94067c21d
| Speaker: |
Ooi Geok Eng, Senior Manager, PwC International Assignment Services, Singapore |
| Panellist: |
James Clemence, Partner, PwC International Assignment Services, Singapore |
Enquiries
For enquiries, please contact our
Upcoming webcasts
A series of webcast is being planned. Watch for more details!