Announcement

Joint Tax Working Group on MFRS

 

Introduction COWG JPRWG JTWG - MFRS TAIWG
 
 

Introduction

With the implementation of Malaysian Financial Reporting Standards (MFRS) in Malaysia, the Taxation Practice Committee of the Malaysian Institute of Accountants (MIA), Tax Practice Committee of The Malaysian Institute of Certified Public Accountants (MICPA) and the Technical Committee – Direct Taxation I of the Chartered Tax Institute of Malaysia (CTIM) have established a Joint Tax Working Group on MFRS with the following terms of reference:-

  • To analyse changes brought about MFRS which have tax implications.
  • To highlight and provide comments to members on possible tax implications related to MFRS, where applicable.
  • To propose appropriate tax treatments in respect of MFRS, where applicable, to the relevant tax authorities.

Chairman:

Beh Tok Koay

Co-Chairmen:

Dr Veerinderjeet Singh

 

Thenesh Kannaa

 

 

Members:

Carol Eng

 

Fo Wai Lan

 

Julie Thong

 

K. Sandra Segaran

 

Lim Kah Fan

 

Neoh Beng Guan

 

Phan Wai Kuan

 

Seah Siew Yun

 

Woon Yoke Lee

 

Members may refer to the discussion papers prepared by the JTWG-MFRS on the implications related to the implementation of MFRS in the Members Only section of the CTIM website.