(免费网络直播) 如何避免遗产和信托的税务与会计错误

Webinar Schedule:
Date: (Fri) 17 Jan 2025
​​​​​​​Time: 10am - 12:30pm

风格：深度剖解，沉浸式学习，正本清源教育直播​​​​​​​

​​​​​​​Speakers: 
Chong Wee Soon (Director of Go TAX)
Mr. Chong Wee Soon is a member of Chartered Tax Institute of Malaysia (CTIM) and is a tax agent licensed under the Ministry of Finance Malaysia. He has over 15 years’ experience in corporate and personal tax compliance matters, advisory and consultancy. He is currently the Senior General Manager and Director of Go Tax Sdn Bhd. 

Esther Boey (Director of PLAS Management Services) 
​​​​​​​Ms Esther Boey is a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and the Malaysian Institute of Accountants (MIA). She has ten years of experience in audit and taxation

Suitable for
* ​​​​​​​Probate Lawyers 遗嘱认证律师
* Lawyers Specializing in Family or Estate Law 家庭或遗产法专业律师
* Estate Planners 遗产规划师
* Trust Advisors / Consultants 信托顾问 / 咨询师
* Financial Planners 理财规划师
* Financial Advisors 理财顾问
* Wealth Managers 财富管理师
* Accountants and Tax Agents 会计师和税务代理
* Individual Executors 个人执行人
* Individual Trustees 个人受托人
* Corporate Trustees 企业受托人
* Retail Trustees 零售受托人

​​​​​​​Proposed Webinar Content:
Overview: Flowchart of Estate Administration 
Common Disasters in Estate Accounting
Common Disasters in Estate Taxation
Case Study: Michael Jackson’s Will, Estate Accounting & Tax Disputes
T.C. Memo. 2021-48 UNITED STATES TAX COURT
ESTATE OF MICHAEL J. JACKSON, DECEASED & Ors v. COMMISSIONER OF INTERNAL REVENUE
Question: Who is legally responsible for MJ’s tax issues ?
Tax Responsibilities for Executor / Administrator & Trustee (Malaysia context)
The Law: Duty to Render Accounts
Dr. Chan Chin Cheung v. Chan Chak Cheung & Anor [2005] 2 CLJ 405 CA; [2005] 1 MLRA 186; [2005] 2 AMR 780
Halsbury’s Laws of Malaysia, Vol. 5 at page 720 & 885
Damayanti Kantilal Doshi & Ors v. Jigarlal Kantilal Doshi & Ors [1998] 4 CLJ 81 CA; [1998] 4 MLJ 268; [1998] 2 MLRA 177; [1998] 4 AMR 3904
Halsbury’s 4th Edn Vol 17 at para 1551 under ‘Liability to Account’
Section 2 & 62 of the Probate and Administration Act 1959
Section 27(4) of the Trustee Act 1949

Proposed Case Studies
Gan Chiew Heang and Ors v Universal Trustee (M) Bhd and Anor [2010] MLJU 1286, 10 CLJ 213
Rachel Mei Ling Ong & Anor v Dato' Bruno Henry Almeida (As The Executor For The Estate Of Ong Soon Hoe, Deceased) [1998] 6 MLJ 258
Datin Melati Bt Abdullah & Ors v Syed Hassan B Syed Salim (No 2) [1999] MLJU 420
Ligar Fernandez v Eric Claude Cooke [2002] 5 MLJ 177
Ong Bee Yam v Pengarah Hasil Dalam Negeri, Sarawak & Anor [2002] 3 MLJ 389
Ramesh @ Muthu a/l Nallayan (as the executor of the estate of Nallayan a/l Ramasamy, deceased) Marappan a/l Muthusamy [2021] MLJU 1417
Yvonne Wong Yee Woon v Wong Yee Mei @ Cynthia (as administrator for the estate of Wong Poi Fong @ Wong Swee Fong, deceased) & Anor [2022] 12 MLJ 309
Accounting Responsibilities for Executor / Administrator & Trustee (Malaysia context)
Question: Can tax authorities claim taxes on undeclared income or assets from the executor, trustee or beneficiaries personally ? 
Deceased’s Tax Matters
(1) Deceased’s Personal Income Tax
(2) Estate Income Tax
(3) Testamentary Trust Income Tax 

Proposed Case Studies: 
Director General of Inland Revenue v Ooi Guan Hoe [1986] 2 MLJ 385
Teng Chua Huat v Government of Malaysia [1998] 7 MLJ 315
Ketua Pengarah Hasil Dalam Negeri v Tan Sri Kishu T Jethanand [1998] 5 MLJ 781
Ong Bee Yam v Pengarah Hasil Dalam Negeri, Sarawak & Anor [2002] 3 MLJ 389
Kerajaan Malaysia v Yong Siew Choon [2006] 1 MLJ 1
MJ’s case study: Tax & Accounting of MJ’s Estate & Trust. Dispute with Tax Authorities in Valuation Method (Different Expert Opinion)
Estate Accounting Overview: Asset, Liabilities & Valuation
MJ’s case study: Mother objects Executor’s decision to sell certain assets
Overview of Estate Claimants
Risks due to Estate Accounting & Estate Tax Disaster
Executors/Administrators and Trustee 
Estate/Trust & Beneficiaries 
Strategies to Mitigate Risks for Executor/Administrator or Trustee
MJ’s Estate starts to make money. Question: Accounting & Tax file can’t close yet right ?

Proposed Law to discuss
Act 53 Income Tax Act 1967
Act 97 Probate and Administration Act 1959
Act 169 Real Property Gains Tax Act 1976
Act 208 Trustees Act 1949
Trustee (Amendment) Bill 2024
Act 346 Wills Act 1959
Act 862 -FINANCE ACT 2024
IRB Explanatory Notes TP2020 Income Tax of Deceased Person Estate
IRB Public Ruling No 9/2023 The Deceased Part 1 Introduction
Rules of Court 2012