With the increasing focus on governance and regulation, tax compliance has never been so important. Compliance failure represents not only a financial risk — financial penalties and possible increase in the tax charge but also a serious business risk, as it can damage the taxpayer's reputation with the authorities and the public. To remain competitive, companies are increasingly focusing on their core competencies and activities that create value for the company.
Tax Compliance and Outsourcing offers all applicable professional and technical standards in all aspects of regulatory compliance services and other types of process-driven activities. For filing under the Income Tax Act 1967, we adopt the use of C-Tax, our web enabled software to meet compliance requirements.
At PwC Malaysia, regulatory compliance is amongst our core competency. Tax Compliance and Outsourcing offers all applicable professional and technical standards in all aspects of regulatory compliance services and other types of process-driven activities.