fbpx

Foreign Sourced Income 2022 – New Year, Starts New Tax

FOREIGN-SOURCED
INCOME 2022

Clarity + Amnesty + Tax Planning

Dr Choong Kwai Fatt | 20 Jan 2022 | Zoom | HRD Corp Claimable

Foreign-Sourced Income exempted for more than 20 years.
Most of us don’t understand how it works and undermined its impact. Have all of this covered when you attend this Zoom FSI 2022 Tax Planning Seminar. ​

NEW YEAR, NEW TAX SYSTEM!

Foreign-Sourced Income will be taxable from  1.1.2022 onwards

 

Without the foreign-sourced exemption, from this coming Saturday (1.1.2022) onwards, we officially NOT JUST TERRITORIAL SCOPE anymore (i.e. not just Tax on Income earned in Malaysia). 

 

The  pandora box  officially opens. 

It caused great confusion!

WHY WORRY?

One clear pain point is sharing banking data between the 108 countries. With the availability of these data, it is easy for Malaysia Government to identify who has money overseas, which bank and how much. 

As a Government how would you utilise them? Especially with the critical economic condition, we are in? Tax Audit? Investigation? Request for freezing of fund? 

IT IS HERE TO STAY!

The hand of the Government is not just long but wide. They can dig into our money even if it is from Overseas. We have a short response time of just six months. Time to re-strategize and know the New Ways of doing things now. 

Quick Facts

We bring you this 1 Day Special Malaysia Foreign-Sourced Income Tax Planning Seminar presented by Dr Choong Kwai Fatt .

 

With 2 hours allocated especially for Q & A. The Fastest way to learn this FSI New Tax is from Q & A.

Understand the impact, and know the latest changes to make within these 6 months. 

 

Title :

Foreign-Sourced Income 2022

 

Date :   20 January 2022 (Thursday)

Time:   10:00 am to 6:30 pm

Venue :  Zoom Live Seminar

Speaker :  Dr Choong Kwai Fatt

Promo Price :

RM 930  ( NP: RM1,350) 

RM 850 (Group of 3 – 4 )

RM750 (Group of 5 or more)

 

HRD Corp CLAIMABLE* 

(Approval Code : 10001145308)

*subject to employer obtaining PSMB’s pre-approval.

 

WHAT TO EXPECT
FROM THIS FOREIGN-SOURCED INCOME TAX SEMINAR

FSI 2022 is a COMPREHENSIVE + Practical Workshop on Foreign Sourced Income that provides an in-depth explanation on: 

  1. A clear understanding of the NEW Conceptual and Framework of Foreign-Sourced Income;
  2. Provide the must-know Income Tax Implications

  3. Point out and clarify Misconceptions ;

  4. Give you the available Alternatives  to Mitigate the New Tax Risk; and;
  5. Advice on the  Documentation Needed to support Capital and Income Receipts for each type of income. 
  6. We will also cover complicated payment such as 
    • Cryptocurrencies,
    • Forex,
    • Overseas Share trading,
    • Foreign dividend,
    • Gift,
    • Foreign pension,
    • Foreign residence bringing money into Malaysia, 
    • Overseas employment. and
    • Share option.

Last 1 day Budget Zoom seminar has 302 questions submitted, 60% was on Foreign-Sourced Income .

It clearly illustrates the need to study this area deeper and clearer. Have all you concerns covered and solved when you attend this special FSI 2022 Tax Seminar.

 

Just 1 week, 63% Sold!

I am just one Email / Whatsapp away. If you need any clarification. Please feel free to reach out to me or Lau Happy Happy New Year to you in advanced. 

 

 

Warm  Regards, 

 

 

Janet Jang

Market Educator

 

t: + 6016-302 6109 (Janet) / +6016-328 6312 (Lau)

e : event@synergytas.com 

w: www.synergytas.com

a. Synergy TAS PLT, Suite 153, PG-15A, Ground Floor, Jaya 33, No. 3, Jalan Semangat, Section 13, 46100 Petaling Jaya, Selangor.

PS: More latest effective seminar? Click  here  to visit event website. 

 

 

E-MAIL DISCLAIMER: This e-mail, including its contents and attachments, if any, are confidential.  If you are not the named recipient, please notify the sender and immediately delete the Message from your system.  Any unauthorised disseminator, distributor, or forward on this e-mail message or disclose its contents to anybody else  is strictly forbidden.  Copyright and any other intellectual property rights in its contents are the sole property of Synergy TAS PLT.  E-mail transmission cannot be guaranteed to be secure or error-free.

 

The sender therefore does not accept liability for any errors or omissions in the contents of this message, which arise as a result of e-mail transmission.  We make no representation or warranty as to the absence of viruses in this e-mail or any attachments.

————————

There is a lot of confusion lately regarded FSI. To separate the truth from fiction, read this article: “You See FSI Not a Real U-Turn“.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on email
Email

Related Posts

Reliable ESG Committee agrees: they need these

Understanding ESG Committees At its core, an ESG committee is tasked with oversight, guidance, and strategic integration of sustainability efforts across the organisation. They’re at the helm, transforming ESG concepts into actionable initiatives. The benefits? Enhanced risk management, improved regulatory compliance, and ultimately, a solid reputation bolstered by responsible corporate citizenship. However, have you wondered

Industry 4.0: Not Just a Game Changer for Manufacturing now

The dawn of Industry 4.0 has sparked revolutionary changes across manufacturing floors worldwide. But is the story of the Fourth Industrial Revolution solely written for the manufacturing sector? In this blog post, we dispel the myths and take a panoramic view of Industry 4.0’s influence beyond its traditional stronghold.

Game Changing: E-invoicing Is Really Part Of Industry 4.0

 Transparency and Accuracy — The Need of the Hour The demand for real-time data is imperative for smart manufacturing. E-invoicing pioneers this demand, automating data exchange and drastically reducing errors that erstwhile haunted manual entries. For supply chain managers and business owners, such enhancements in transparency and accuracy mean better control over financials and an improved bottom line,

Stand United Against Racial Discrimination Today and Everyday

Inclusivity Isn’t Optional; It’s Essential Have we considered the richness that a diverse community brings to our lives? From the varied cultural experiences to the wide array of perspectives, inclusive communities pave the way for innovation and creativity. Yet, inclusivity cannot exist where racial discrimination persists. ***It’s a harsh reality, but it sets the agenda

Why Accountants Are Surprisingly In Love with E-Invoicing

Artificial Intelligence (AI) and automation are often viewed with a mix of curiosity and trepidation. There’s an ongoing debate, especially when it comes to professions steeped in tradition and expertise, like accountancy. One might assume accountants would be a bit hesitant about the move towards e-invoicing, fearing job redundancy. Yet, the reality is quite the opposite. Accountants are not just warming up to e-invoicing; they are outright championing it!

7 practical esg strategy you want to know now

7 ESG Strategies for Malaysia Companies: A Guide to Sustainable Success   In today’s rapidly transforming business landscape, environmental, social, and governance (ESG) strategies are more than noble commitments—they’re a necessity. What can organisations do to thrive and lead the way in sustainable practices? The answer lies in understanding how to effectively embed ESG considerations into a

E-Invoicing: why government insist on Implementing now

E-invoicing is a New Way of managing Invoices in Malaysia. Many are unaware why Malaysia is moving into E-Invoicing and let alone understand how it works. Therefore we created this article and Infographic for you, so that it will be easier for you to explain, share and help others understand “What it is Above”.  

e-invoicing : Why bother to jump in now

In a nation where tradition meets innovation, the ground beneath the business sector in Malaysia is shifting. The transition from paper to pixels in invoicing is not just a tech trend; it’s an overhaul redefining financial processes and efficiency.
For tax consultants, small businesses, and accounting professionals, this shift is more than just a modern convenience. It’s a sea change in reliability, transparency, and scalability.

einvoicing rising tide of change

E-Invoicing in Malaysia: your list of Must know Challenges 

With the official mandate by theTax Authority, beginning August 2024 for Phase 1 implementor (ie. businesses with revenue above RM 100 million), requiring companies to issue electronic invoices, this transition is not one to be taken lightly.I’ll help you understand proposed changes and potential challenges, including technical issues, managing change, and fraud and security in digital finance.

Scroll to Top