Navigating Capital Gains Tax

Effective 1 January 2024, Capital Gains Tax (CGT) will now be applicable to gains or profits arising from the disposal of shares in an unlisted company in Malaysia. Shares of a controlled company incorporated outside Malaysia which holds substantially real property assets have also been brought under the purview of this new tax regime.

Based on the Income Tax (Exemption) (No. 7) Order 2023, an exemption with respect to the disposal of private company shares made on or after 1 January 2024 to 29 February 2024 has been put in place.

Join this webinar where our Tax Partners from International and Domestic Tax Advisory team demystify the introduction of capital gains tax, including considerations as to whether to restructure your holdings prior to the effective date of 1 March 2024 and thoughts on how to structure asset holdings going forward.

Who should attend?

This webinar is aimed at business leaders as well as personnel whose responsibilities cover formulating business and/or tax strategies. It is also useful for personnel who oversee companies’ tax issues and personnel who have oversight over tax/corporate matters.

• Company directors / senior management

• Company secretaries

• Finance managers

• Accountants and accounts executives

• Tax managers and executives

TERMS & CONDITIONS

REGISTRATION: Closes on 24 January 2024, on a first come, first served basis and at the sole discretion of the organizer. All delegates must register with their own respective email address in order to access the webinar. Entry into the webinar is unique to the registered delegate’s email address and is not transferable. If you are registering on someone else’s behalf, please ensure to insert the delegate’s email instead of your own.

CANCELLATION POLICY: In the event the webinar is cancelled by KPMG due to unforeseen circumstances, delegates will be informed accordingly.