Partner – Tax and Income +603-2632 9905 | [email protected] He was also part of the team that secured a Supreme Court ruling that serves as a precedent that payments from developers to exempt them from building lower-cost units are tax deductible. From time to time, William may work on commercial transactions, such as drafting and reviewing various business agreements, including share sale agreements, distribution agreements, management agreements and service agreements. He has also worked for various clients in restructurings and mergers and acquisitions. William`s practice focuses on tax law and actively advises and assists clients on tax and income tax matters, real estate gains tax, stamp duty, customs duty, excise duty, sales and services tax and entertainment tax. William is also a proponent of reducing stamp duties. He recently worked for a leading multinational that successfully applied to the Inland Revenue Board for a stamp duty exemption as part of a group reorganization. The exemption was granted for a share transfer worth $759.6 million (then approximately .RM 3.162 billion). The Asia Pacific Legal 500 ranked William as a Next Generation Partner in its 2019 publication, as a Rising Star in its 2020 publication, and again as a Next Generation Partner in its 2021 and 2022 publications. In addition, with an increasingly aggressive tax administration, William regularly works for clients on matters such as tax audits and investigations, as well as reviewing certain items for tax filing purposes. Another aspect of William`s portfolio is litigation – he has often appeared before the Special Commissioners of Income Tax, the High Court and the Court of Appeal. An example of litigation is the successful appeal of our multinational client, where the Court of Appeal agreed that expenses paid by the taxpayer to its parent company in exchange for the grant of stock options to the taxpayer`s employees are income tax deductible. William is a Fellow at the Chartered Tax Institute of Malaysia.
William works for start-ups and provides strategic tax advice on their business structures, e-commerce platforms, regulatory and market entry requirements, as well as tax concerns arising from, among others, cross-border deliveries, logistics services and last-mile delivery.