Building Essential Tax Literacy for Financial Wellness by KP Bose Dasan

By the end of the course, participants will be able to:

1. Analyse the difference between current sources of income and the new capital gains from the disposal of capital assets.
2. Identify and differentiate the taxpayers who will be directly affected and those who are currently exempted, namely companies, limited liability partnerships, trusts, and cooperative societies.
3. Interpret the special provision under Section 15C as it relates to real property companies registered outside Malaysia and invested primarily in real estate in Malaysia.
4. Compute the Chargeable Income and tax from the disposal of capital assets as per the new Chapter 9 in the ITA 1967.
5. Analyse the impact of the new Section 4(aa) as it relates to foreign source income and the decisions and options open to taxpayers.
6. Analyse the changes to the taxation of unit trusts and what will happen and transpire after the exemption period is over in 2026.
7. Analyse and explain which is better; owning shares and investments in a personal name or through an investment holding company. To be able to balance and decide between paying the taxes due and utilise efficient vehicles for capital formation or to avoid capital gains tax.
8. Differentiate tax compliance with tax planning and direct taxes with indirect taxes. All have created a minefield in the interest of raising government revenue.