[WEBINAR] Are you ready for a Capital Statement review?
The Inland Revenue Board (IRB) is coming down hard on taxpayers who under-declare their incomes. By reviewing an individual's Net Worth Analysis or Capital Statement, the IRB is able to compare the increase of one’s net assets in a particular year to the individual's net income. If the two amounts do not tally, there is a likelihood of under-reported income. The individual may then have to pay additional taxes and penalties.
We would like to invite you to join our free webinar titled ‘Are you ready for a Capital Statement review?’ where Crowe’s Tax Expert, Wong Man Yee, will guide you on how to plan for a possible Capital Statement review. Man Yee will answer the questions submitted in advance via the Registration form and there will also be time for questions during the event.
The details are as follows:-
Date: 8th July 2021, Thursday
Time: 12:30pm to 2:00pm
Platform: Zoom & Facebook Live
Registration: https://forms.gle/LKcVLmDyjtVND7uN6 (closes on 6th July 2021 at 12:00pm)
Live streaming will be on MICCI’s official Facebook Page at : https://www.facebook.com/micci.official/