Last Friday, 2 November 2018, marks the first national Budget by the new government ever since the independence of Malaysia. As much as this is a historic and monumental event it is, it is also a day which would affect 32 million people coupled with a balancing act to solve the growing national debt hence… Continue reading Budget 2019 Malaysia for the Malaysian Millenials
Most of us at some point in life would like to own a house(s). Most of us would also have moved house at some point in our life now. However, do you really know what are some of the tax implications of moving houses and selling off the previous residence? Real Property Gains Tax… Continue reading Understanding RPGT
It is only a couple of days away from the release of the long-awaited Certificate In Legal Practice (CLP) examination that was held in July 2018. What is the CLP exam? Every year, many hopefuls take the CLP exam in hopes of becoming a “qualified person” under the Legal Profession Act 1976 (“LPA”), which is… Continue reading 5 Survival Tips for Students Awaiting CLP Results
A few days ago, my friend and I decided to head to Sri Hartamas from KL Sentral for a healthy brunch at lunchtime. Prices during lunch hour are often higher because (of course) demand/ supply so we weren’t expecting it to be cheap but neither did we expect it to be so high. For Grab,… Continue reading Post–Uber/ Grab merger: Better or worse?
A recent decision issued by the Malaysia Competition Commission (MyCC) imposed what I saw one of the heftiest penalty on a single entity for an infringement of Section 10 of the Competition Act 2010 – RM17mil. For some reason, this is much lower than the collective sum of RM33k in the earlier proposed decision on… Continue reading Can I say no?
La Kaffa International Co Ltd v Loob Holdings Sdn Bhd and Another Franchise Law Franchising is simply defined as a tit for tat strategy where on one side it helps smaller companies to develop and prosper under the guidance of a bigger company while simultaneously allowing the bigger company to increase and expand their distribution.… Continue reading The Tea Tiff
Identifying a related party transaction (RPT) is similar to playing detective and spotting the difference. If you’ve ever watched Suits (or the ongoing case of 1MDB), these transactions go from bank accounts to bank accounts, countries to countries and ending up settling in an offshore bank account. Tracing the chain of transactions is challenging at… Continue reading Related or not related?