Tuesday, January 31, 2017
PERAK TAX FORUM 11 March 2016 Syeun Hotel KEYNOTE ADDRESS BY GUEST OF HONOUR
Extracts of the Opening Remarks from the Guest of Honour
TAN SRI DATO CHANG KO YOUN
Distinguished Chairpersons,
Speakers and Panelists,
Honoured Guests and
Participants,
Ladies and Gentlemen
I am delighted to be here today to open the
Perak Tax Forum 2016 – PTF 2016. I would like to express my heartfelt appreciation
to CTIM Perak Branch for organising this forum, and everyone involved for their
hard work in making this event possible.
The government
has tabled the Eleventh Malaysia Plan, charting the nation’s course for the
period 2016 to 2020 with the theme “Anchoring Growth on People”. The
government’s actions in the economic transformation towards a high income
economy are funded by national revenue, of which, more than 50 percent comes
from tax collection. It is therefore very apt that “Evolving Tax Landscape –
Are you Ready?” has been chosen as the theme for PTF 2016.
LHDN and RMCD
have key roles in the maintenance of our country’s financial and economic
well-being.
We currently
face a number of challenges to our national revenue. These challenges include
the uncertain conditions in the global financial and real economies as well as
the sharp fall in the price of petroleum and other commodities.
In addition, we
still face problems of non-compliance such as money laundering and tax fraud.
The evolution of technology has facilitated cross borders transactions, and
this, along with the sophistication and complexities of today’s business
models, have made the job of the taxperson even more challenging
To counter this,
there has to be a high degree of interaction and cooperation between tax
administration, tax practitioners and taxpayers. In the context of revenue
collection, this means approaching stakeholders as partners and not as
difficult or reluctant customers. Therefore, maintaining good day-to-day
working relationships can yield the desired outcomes for all parties concerned.
In this respect,
I would also like to take this opportunity to commend CTIM Perak Branch on its
efforts to keep its members updated through its engagement initiatives and as a
link and intermediary between revenue collecting agencies, tax practitioners
and taxpayers.
CTIM Perak
Branch has once again succeeded in bringing a large group of participants and a
distinguished list of chairpersons, speakers and panelists to this forum. I
would like to commend the branch on its success, as well for all the forums
that were held over the recent years.
My thanks again
to CTIM Perak for asking me to officiate today.
I have no doubt
that today will be a very stimulating and rewarding day for all the
participants concerned.
On that note, I declare the
Perak Tax Forum 2016 open.
PERAK TAX FORUM 11 March 2016 Syeun Hotel REGISTRATION OF DELEGATES
The day has arrived - 11 March 2016; PERAK TAX FORUM 2016.
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