There has been unprecedented pressure on both tax neutral countries and the users of these tax efficient jurisdictions, to pay what is deemed a ‘fair’ amount of tax. This pressure has culminated in multilateral initiatives such as the base erosion profit shifting initiative and the common reporting standard, both aimed at changing the landscape of international tax planning forever.
At our event entitled "The Future of Tax Planning: Transparency and Substance for All?" in Hong Kong on 26 February 2016, Anil Kumar Puri, Partner at Ernst & Young Malaysia, explores the future of tax planning in the face of multilateral initiatives such as the Base Erosion and Profit Shifting and the Common Reporting Standard.
About Speaker
Anil Kumar Puri
Anil has 15 years of experience in tax compliance and advisory engagements involving corporate income tax, personal tax, stamp duty, withholding tax and real property gains tax, for large Malaysian corporations, multinationals and individuals.
For the last 9 years he has been a member of EY Malaysia’s International Tax Services team and now leads the team. As part of his work in this team, he has been involved in numerous cross border advisory engagements (both inbound and outbound), particularly in relation to advising on the tax and regulatory issues facing companies investing in Malaysia and abroad, in areas such as the identification of appropriate holding structures, regulatory approvals, tax incentives, structuring of operations in a tax efficient manner, withholding tax mitigation and exit strategies. He has also advised on the tax implications of a number of restructuring exercises and divestments. During the course of his work, working with EY’s Global tax network, Anil has assisted clients from a tax perspective in respect of establishing operations and undertaking business in various jurisdictions, including the US, UK, Brazil, Austria, Australia, Thailand, China, Indonesia, Singapore, Mongolia and the Middle East.
Anil has worked on tax due diligence and tax structuring exercises for proposed acquisitions, advising on issues such as tax risks, holding structures and funding structures.
Anil has spoken at EY’s tax conferences / seminars and client events in Malaysia and abroad. He has also spoken at various industry events and regularly conducts training sessions for clients and colleagues.