Tax Advisory & Compliance

Our tax practice, carried out under Mazars Taxation Services Sdn Bhd, provides the following services.

Compliance, tax advisory and tax planning for corporations, registered bodies, partnerships, joint ventures and individuals (including expatriates and non-residents), covering:

  • corporate, sole proprietorship and partnership income tax
  • employee income tax
  • real property gains tax
  • stamp duty exemptions

Tax field audits and investigations:

  • Acting on behalf of clients in handling tax audit and investigation cases
  • Meeting with clients to explain the relevant laws, procedure and practices
  • Advising clients of their rights and how to deal with the tax audit with the least interruption to their businesses
  • Reviewing tax returns, correspondence and accounting records
  • Advising clients on findings of the review
  • Attending meetings and responding to queries raised by the Inland Revenue Board
  • Analysing bank transactions and accounting data
  • Compiling assets betterment statements
  • Preparing gross profit analyses
  • Negotiating with the Inland Revenue Board for a reasonable basis of settlement of back taxes and penalty
  • Reviewing tax compliance history to assess risk of becoming a tax audit target
  • Advising on how to improve accounting systems for better tax compliance

Tax incentives and business related services:

  • Application for manufacturing licence and tax incentives
  • Compliance with exchange control regulations
  • Matters relating to indirect taxes, such as service tax licensing and import duties exemption

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