FSI IS SO DIFFERENT COMPARED TO BUDGET ANNOUNCEMENT

If you attended our Budget 2022 seminar before and wonder what is the difference in FSI covered? Here’s the comparison chart a lot of participants is asking for. 

COMPARING FSI 2022 AND BUDGET 2022

 Here’s the comparison. You will see FSI is great depth and way more heavy weight on tax planning and understanding. 

  BUDGET 2022   

  • Deemed derived concept
  • Foreign shares, forex trading
  • Remittance program
  • Labuan (touch and go)
  • Common reporting standard

   FOREIGN SOURCED INCOME   

  • NEW Tax planning for Individual
  • Time to use a new Foreign Dividend Structure
  • How to deal when Employee is Local, Employer is Foreign
  • Ring Fence Approach – Documentation and safeguard Strategies
  • Labuan in detailed
  • Commission Income
  • Documentation – pre 2015, post 2015
  • Partnership Transformation

Budget 2022 was presented when the exemption for individual and dividend was not announced. They changed their plan, so we substantially changed our FSI content too. NEW FSI is way more exciting and packed with more Tax Planning and Better Strategies. 

MOF CAUSED HUGE CHANGES BY GIVING EXEMPTION ON INDIVIDUAL AND DIVIDEND.

FSI STILL TAXABLE ON COMPANIES, TRUST AND ANYONE ELSE. Also on so many types of income. 

The whole FSI drama arise due to EU’s grey listing us. It will not end just here. We are pushed to become more global. Like it or not, it is here to stay. Learn it and understand how this very different FSI works once and for all.

THEY CHANGED THE PLAN, SO ARE WE. YOU SHOULD TOO.

Finally we see the big sunshine after this fog. 🙂
New FSI Tax Planning Strategies mushroomed and waiting for you to pick them. 

RESULT : CLEAR UNDERSTANDING ON FSI + ABLE TO ADVICE WITH CONFIDENCE.

20 January 2022   | HRDCorp CLAIMABLE | DR CHOONG KWAI FATT

2022 is an important year for every Malaysian to make a wise and informed decision. Whether to bring your FSI back into Malaysia to reap a high exchange sum, also to be eligible for the newly revised tax exemption. 

We are doing it differently.
This FSI Tax Seminar is one of its kind that extends beyond the classroom 

 

The continuing Changes and Development on FSI in 2022 is evolving constantly. With Great Important, Impactful yet it comes with fatal complications .

 

Therefore, analysis of Tax Updates, changes of FSI through Synergy TAS’s close-group bulletin will be provided via email to all FSI participants with notification of the Tax Implications on a real-time basis until year ends (31 December 2022). 

 

Participants would be additionally supported via email individually with a personal 6 questions until this year ended. 

I LOOK FORWARD TO THESE NEW TOPICS

  TOPIC ONE  

RING-FENCE APPROACH

This is the most crucial skill when we talk about Foreign-Sourced Income. Ring fence literally means to create a protective fence around specific fund, so that it will not be tainted and has strong justification to support it should it not fall under FSI.

  TOPIC TWO   

LOCAL EMPLOYEE, FOREIGN EMPLOYER

One of the most confusing part of FSI. When you have employer and employee of two difference resident status. Having clear understanding of FSI, will save you  + employee huge headache.

  TOPIC THREE  

NEW TAX PLANNING FOR INDIVIDUAL + DIVIDEND

The sudden exemption did change FSI in a big way. Best of all, it creates exciting Tax Planning Opportunities. Dr Choong will reveal the new approach in this FSI seminar. 

  TOPIC FOUR  

REMITTANCE PROGRAM

Remit, or not to remit? When? These are the most difficult questions. Worry not, know the facts and see the traps. Navigate FSI with a clear map. 

LAST CHANCE TO ATTEND.
WE ARE CLOSING ENROLMENT IN 2 DAYS !

   LATEST UPDATE   

THE VIDEO LEARNING ON BUDGET 2022
WILL BE AVAILABLE ON MONDAY

Missed out on the BUDGET 2022 ZOOM SEMINAR? No worries, you can cover that in video learning. With pause, fast forward button in hand. Get updated on tax become so much easier.

We are half way through January! Exciting year ahead. 

 

A specialist in Tax Seminar.

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author avatar
Tan Lee Ling
Tax Consultant by training in the Big Four and trained several years with Dr Choong. Being a Chartered Accountant with a law degree. Specialised in compliance, tax planning and tax investigation in her early years. Being in tax for 12 years, to her Tax is like a tree, it is the life force for the country, tax is dynamic, continuously changing and growing. Lee Ling is the conduit in charge of not just sharing these tax changes, also to bring Dr Choong's brilliant tax planning to the tax professionals and business community.