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Interest Deductibility, Earning Stripping Rules and Cross-Border Transactions

tax

Earning Stripping Rules (“ESR”) is one of the Organization for Economic Co-operation and Development (“OCED”)’s action plans under the Base Erosion and Profit Shifting (“BEPS”) project to tackle excessive interest deductions.

In Malaysia, ESR is effective for basis periods beginning on or after 1 July 2019. In this regard, companies will need to assess whether ESR is applicable and to consider its tax impact. A review of a company’s debt profile, options to restructure existing borrowings and strategies for future financial assistance would be worth looking at.

This webinar will first focus on the general interest deductibility rules, interest restriction rules and guidelines / public rulings issued by the Malaysian Inland Revenue Board. We will then delve further into the ESR as well as the withholding tax and transfer pricing considerations for cross-border transactions.

We aim to equip you with a greater understanding of the tax treatment of interest expense by addressing your concerns and offering insight on the notable changes made to the Malaysian tax legislation and the latest relevant case law and practices.

Course Highlights

  • Interest deduction rules and interest restriction
  • How ESR affects corporations and the potential issues
  • Withholding tax on interest and Double Taxation Agreements
  • Maximization of interest expense deductions, loan restructuring
  • Transfer pricing for cross-border transactions

Fees

  • RM 150 per participant (inclusive of 6% SST and downloadable course material).
  • Payment must be made in full before the webinar date, with payment receipt submitted to KPMG. Only registrations paid in full will receive access into the webinar.

Cancellation

  • No cancellation and/or refund will be entertained but a replacement delegate is welcomed at no additional charge if the registered delegate is unable to attend.
  • Please inform us 2 working days before the event in order for us to update our records and replace the registration links.

 

CPE

  • A digital certificate of attendance will be issued for 3 CPE hours. 

 

Click here to download e-Brochure.

Clikc here to register.

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