Day: April 20, 2022

  • Malaysian Code on Corporate Governance (MCCG) 2021 – Key Updates

    Malaysian Code on Corporate Governance (MCCG) 2021 – Key Updates

    On April 28, 2021, Securities Commission Malaysia (“SC”) released an updated version of the Malaysian Code on Corporate Governance (“MCCG”), which includes the introduction of new best practices and additional guidance to strengthen the governance culture of corporate Malaysia.

    Some of the key updates:

    👉 Duration for Independent Directors’ Tenure;

    👉 Disproportionate Remuneration to Liability;

    👉 Selection of Directors and their Legal Responsibilities;

    👉 Requirement of 30% Women Directors in BoD; and

    👉 Maintenance of independence – Audit Committee and Auditors

    3. To Download Malaysian Code on Corporate Governance (MCCG) 2021 – https://lnkd.in/eBbXJwGK

    4. Join our Telegram – https://t.me/YourAuditor

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    1. 2021年4月28日，马来西亚证券委员会（“SC”）发布了《马来西亚公司治理准则》(“MCCG“) 的更新版本，其中包括引入新的最佳实践和附加指导，以加强马来西亚公司的治理文化。

    2. 一些关键的更新。

    👉 独立董事的任期;

    👉 不相称的薪酬与责任;

    👉 甄选董事和他们的法律责任;

    👉 董事会中30%女性董事的要求；以及

    👉 保持独立性 – 审计委员会和审计师

    3.下载2021年马来西亚公司治理准则 – https://lnkd.in/eBbXJwGK 4. 加入 Telegram 群 – https://t.me/YourAuditor 🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼

    90.1-Malaysian-Code-on-Corporate-Governance-MCCG-2021Download
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  • LHDN Responses to CTIM Comments on FAQ on 2% Withholding Tax Deducted from Payment by Payer Company

    LHDN Responses to CTIM Comments on FAQ on 2% Withholding Tax Deducted from Payment by Payer Company

    1. Following the publication of a frequently asked question (FAQ) by the Inland Revenue Department (IRD) on the 2% withholding tax deducted from payments made by payer companies to agents, dealers, and distributors, the CTIM wrote to the Inland Revenue Department on 5 April 2022 requesting clarification on a number of points that had been left unclear.

    2. The response from the Inland Revenue Board was received on April 15, 2022.

    3. We have gathered the most important elements of the response for your convenience.

    4. Join our Telegram – https://t.me/YourAuditor

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    1. 关于税收局所发出的针对付款人公司向代理商、经销商和分销商支付的款项中扣除2%的预扣税的常见问题，由于有些事项的说明有待厘清，因此马来西亚特许税务师协会（CTIM）于2022年4月5日，给内陆税收局写了一封信，要求税收局作出厘清。

    2. 而内陆税收局也在2022年4月15日作出了相应的回覆。

    3. 我们把回覆的重点整理出来给大家。

    4. 加入 Telegram 群 – https://t.me/YourAuditor 🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼

    92.1-CP107D-LLPDownload
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