Taxation of Unit Trust Funds in Malaysia

With effect from 1 January 2022, Unit Trust Funds (“UTFs”) which have been receiving Foreign Source Income (“FSI”) in the form of dividends, interest or rental are being subjected to income tax upon receipt in Malaysia. The introduction of a new withholding tax mechanism has also increased the administrative burden on the fund managers of the Retail Money Markets Funds ("RMMFs").

This webinar aims to provide participants with a working knowledge and understanding of the operational and regulatory framework of a UTF. Participants will be guided through the notable changes made to the above tax law, particularly when funds invest in foreign markets.

This will be supplemented by worked examples and a practical case study to guide participants through step-by-step in the preparation of the tax computation, as well as in claiming tax credits against the Malaysian tax on foreign taxes suffered on such income, depending on the taxes incurred at source in the jurisdiction where the investment is located.

Who should attend:

• Finance directors and finance managers
• Accountants and accounts executives
• Tax controllers, managers, and executives
• Academicians and accountancy students

 REGISTRATION: Closes on 1 June 2022, and is on first come, first served basis.

All delegates must register with their own respective email address in order to access / attend the webinar. Entry into the webinar is unique to the registered delegate’s email address and is non-transferable. If you are registering on someone else’s behalf, please ensure to insert the delegate’s email instead of your own.

PAYMENT: Payment must be made in full by 6 June 2022, with payment receipt submitted to KPMG. Only registrations paid in full will receive access to the webinar.

Supported payment methods: Visa/Master credit card; FPX; e-Wallet (TnG, Maybank QRPay, GrabPay, Boost, ShopeePay); JomPay; online bank transfer; cheque.

HRDF: This webinar is not HRDF claimable

KPMG’s webinar series are conducted online; hence, you will need to have stable internet access in order to participate. While you may view the webinar using a mobile device, it is recommended to participate using a laptop/PC for optimal experience.