Income Tax Treatment on Withholding Tax & Foreign Sourced Income
INTRODUCTION
This programme aims to provide participants with the knowledge of the types of payments that are subject to withholding tax, the administrative procedures that need to be complied with.
How to avoid or reduce being ‘taxed’ in more than one country for the same source of income. Also it is for participants to have a better understanding on tax treaties and reliefs and exemptions available for Foreign Sourced Income received.
Who are involved in handling payments, negotiating contracts for the company, and those who wish to have withholding tax and foreign sourced income knowledge. However, participants must have basic knowledge of tax system. It is also intended for Personnel who are involved in tax planning or handling corporate tax issues for the companies or clients.
Course Objectives:
- Understand fundamental concepts of income tax law.
- Research, analyze and evaluate income tax information and issues.
- Apply critical thinking and problem solving skills to resolve income tax issues.
- Communicate effectively orally income tax information and solutions to income tax issues.
- Communicate effectively in writing income tax information and solutions to income tax issues
Target Group
The course is aimed at junior to mid level finance professionals such as accountants and finance managers, particularly those personnel whose responsibilities cover the settlement of invoices and making payments to
suppliers, as well as negotiate contracts with vendors. It is also useful for personnel who oversee their companies’ tax issues and have oversight
over tax matters.