Managing and Improving Indirect Tax Compliance

Non-compliance by taxpayers with their indirect tax obligations may occur due to unintentional errors as well as intentional fraud and may consequently lead to penalties arising from the underpayment of taxes.

Commonly, the understanding of taxpayers’ obligations are:

• registration in the system;
• timely filing or lodgment of requisite taxation information;
• reporting of complete and accurate information (incorporating good record keeping); and
• payment of taxation obligations on time.

The taxpayers may technically meet their obligations by adhering to the above, but compliance may be in question due to interpretational differences of the law. As a result, indirect tax compliance risk management needs to be put in place.

The indirect tax compliance risk management is a structured process for the systematic identification, assessment, ranking, and treatment of indirect tax compliance risks. In general, it is an iterative process that consists of well-defined steps to support taxpayers’ decision-making. 

Learning Objectives

• To understand the concepts of Indirect taxes.
• To understand the appropriate approaches, and methods used to manage risk.
• To understand the Risk Management processes.

• Individual rate : RM180nett /session (With PDF Materials)
  •  Please select the session according to your industry:
    • Session 1: Manufacturing
    • Session 2: Professionals
    • Session 3: IT and digital services
    • Session 4: Others
  • Note: You can select more than one session. The fees will be charged accordingly.

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