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1. Many
Tax
Benefits
Under
TGIF
TCGF
04/08/22

2. 04/08/22
Reduced
scrutinization of
compliance
activities

3. 04/08/22
Expedite tax
refunds

4. 04/08/22
Appointment of a
dedicated tax
officer

5. 04/08/22
Expedite any
ongoing dialogue on
technical
matters

6. 04/08/22
TCGF establishes
the techniques and processes
within the organisation
to identify tax risks, assess
risks, and sets out the
appropriate actions to mitigate
the impact of those tax
risks.

7. 04/08/22
TCG is suitable for all sizes and
types of businesses
that give priorities and
resources to corporate
governance matters.

8. 04/08/22
TCG Programme is currently
being implemented as a
pilot project. However, the
interested organisations are
advised to adopt and execute
the framework ASAP

9. 04/08/22
TCG in Malaysia is currently
being implemented as a
pilot project. Therefore,
selected organisation will
receive an invitation from IRBM
to join the programme.
Other interested organisations
may contact IRBM via
tcg@hasil.gov.my to
communicate their interest

10. 04/08/22
Once an organisation is
accepted into the programme,
the TCG status will be valid for
3 years subject to terms
and conditions stated in the
offer.

11. 04/08/22
There will be no fees charged to
participate in the
programme.

12. 04/08/22
These expenses are capital in
nature and not allowable
for tax deduction under
subsection 33(1) ITA 1967.