BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Taxpayers v LHDN: Navigating Grey Areas and Tax Disputes

Taxpayers v LHDN: Navigating Grey Areas and Tax Disputes

Renganathan Kannan​, Executive Director, Tratax

31-May-24 12:00

Taxpayers v LHDN: Navigating Grey Areas and Tax Disputes

'Nothing is certain except death and taxes', and while paying taxes may be a certainty, how much can be a very different story as we’ve seen just this week with the Court of Appeal ordering LHDN to refund a Penang-based manufacturer RM286 million for additional taxes and penalties imposed back in 2008. There are a variety of issues to unpack here, but today we dive into navigating tax disputes in Malaysia with Renganathan Kannan​, Executive Director at tax advisory firm Tratax.

Ideally a tax system should provide some degree of tax certainty to taxpayers so that they’re better able to plan, however we're witnessing an increasing number of disputes between businesses and the Inland Revenue Board (LHDN).

Renganathan will help us unpack these issues and provide insights into achieving greater tax certainty, as well as provide taxpayers some guidance on how to better address all this, including the key obligations that businesses must manage, navigating the grey areas proactively, the appeals and dispute process, and tax certainty strategies and best practices.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  managingCorporatesgovernmentLaw/Activismentrepreneurs

Tags:  tax disputestax certaintytaxlhdnbusinesscorporate





Play / Pause

Listen now : Best of The Bigger Picture:(REPEAT) The government’s proposed Urban Renewal Act (URA),...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Ever picked up something and later wondered, why did I buy that? The answer might not be as rational as you think - from limited-time deals to ‘best-seller’ labels, our brains rely on mental shortcuts—heuristics—to make quick decisions.; Kiron Kesav, Chief Strategy Officer, OMG Malaysia

12:00 PM

Just For Kicks

(REPEAT) Will the Southern Tigers stay true to their disciplined approach, or will they unleash an attacking onslaught? That, plus all the latest from the Champions League and Premier League, right here on Just For Kicks.; Bob Holmes, Keeshaanan Sundaresan, Dez Corkhill

1:00 PM

A Bit of Culture

(REPEAT) A discussion on cinema-going habits, the instant gratification attitude plaguing the entertainment industry, and reflecting on whether American cultural soft power is on the decline.; Kam Raslan | Na’a Murad | Sim Wie Boon

2:00 PM

Ringgit & Sense

(REPEAT) In conjunction with International Women’s Day, Licensed Financial Planner at VKA Wealth Planners Shing Yee Ling joins us as we talk about the retirement gap between men and women, and what women can do to secure their financial future.; Shing Yee Ling, Licensed Financial planner, VKA Wealth Planners

2:30 PM

The Property Show

(REPEAT) With 38 years of experience in the real estate world, former CEO of the Malaysian Institute of Estate Agents Soma Sundram joins us as he shares his knowledge to help aspiring real estate agents.; Soma Sundram, Former CEO, Malaysian Institute of Estate Agents

3:00 PM

Best of The Bigger Picture

(REPEAT) The government’s proposed Urban Renewal Act (URA), which is expected to be tabled later this year, has sparked widespread debate recently - what should we know about this?; Nischal Ranjinath Muniandy, Senior Executive of Research, Institute for Democracy and Economic Affairs (IDEAS)

4:00 PM

Best of Evening Edition

(REPEAT) From advocating for stronger laws to ensuring survivors of domestic violence get the protection and support they need, WAO has been a powerful force in shaping policies and attitudes towards gender-based violence in Malaysia.; Nazreen Nizam, Executive Director, Women's Aid Organisation;

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.