EY Tax webcast
VAT introduction in The Bahamas and GST introduction in Malaysia
The Bahamas and Malaysia are in the process of introducing value added taxation in their respective tax systems.
The Bahamas will introduce a Value Added Tax regime (VAT) effective 1 January 2015; Malaysia will introduce a Goods and Services Tax regime (GST) effective 1 April 2015.
Since US and Canadian multinationals doing business in these countries are likely to be directly affected by the changes, we invite representatives of these companies to take part in our webcast to get more insight in the changes to come.
The following topics will be discussed:
- Essentials of the respective VAT and GST legislation
- Industries/businesses potentially affected by the changes
- Main implications of the new taxes, for example:
- Compliance obligations
- Cash flow and cost implications
- Effects on pricing, etc.
- Suggested course of action to prepare and get ready for the new taxes
This is an interactive webcast and we encourage you to ask questions.
Bahamas Managing Partner, Ernst & Young
Michele Thompson is a partner of Ernst & Young in the Bahamas. Michele has over 15 years’ experience in the hedge fund industry. She has worked extensively with numerous investment vehicles in the onshore and offshore markets, including private equity funds and investment management companies, and serves as engagement partner on many of the firm’s hedge fund audits reporting under U.S. GAAP or International Financial Reporting Standards.
Michele joined the Bahamas firm in 1987 and was promoted to partner in 2001. In July 2010 she was also made the Assurance leader for the EY Bahamas, Bermuda and Cayman Islands (BBC) region. She transferred to the EY member firm in the Caymans in September 2010 and returned to the Bahamas in June 2012 to assume the role of its Managing Partner.
She successfully completed the American Institute of Certified Public Accountants examinations in 1989. She is a member of the American Institute of Certified Public Accountants, the Bahamas Institute of Chartered Accountants and the Cayman Islands Society of Public Accountants.
Partner, Ernst & Young Tax Consultants Sdn Bhd, Kuala Lumpur, Malaysia
Principal - US VAT Practice, Ernst & Young LLP (US)
Anne Freden is a principal in the VAT practice of Ernst & Young LLP in San Francisco, CA. Anne’s work focuses on the global management of VAT and has a particular emphasis on the operational management of the tax.
Her work includes global supply chain projects and advice on implementing tax effective supply chain structures within ERP builds, VAT risk management, systems optimization (both within native ERP environments and tax engines), VAT process improvement, the setting of indirect tax strategy and the development of VAT management frameworks.
Anne received a BA from Wellesley College and an MSc from the London School of Economics. She is a Chartered Tax Advisor and a member of the Chartered Institute of Taxation in the United Kingdom.
Executive Director - US VAT Practice, Ernst & Young LLP (US)
Gino Dossche is a member of VAT practice of Ernst & Young LLP in New York where he is the Lead for Global Compliance & Reporting services for Indirect Tax. Gino has been an Indirect Tax advisor for more than 11 years. During that time, he has had the opportunity to work on numerous international VAT/GST engagements for a wide variety of businesses, including oil and gas, high-tech/e-commerce, media, telecommunications, manufacturing, consumer business, pharmaceutical and international service companies. His work includes provision of global VAT/GST consulting and compliance advice, pre- and post-M&A work (integration), VAT recovery services, supply-chain restructuring and co-ordination of multinational VAT/GST projects.
In 2005, Gino moved to the US from Belgium where he assisted multinational clients with their European VAT compliance and provided automated VAT compliance solutions (e.g. streamlining ERP systems). Gino regularly presents at seminars and conferences on international VAT/GST matters has been a facilitator and dean at Indirect Tax schools since 2007. He has also authored and co-authored articles on various VAT/GST topics.
Gino received a Master of Arts Degree in economics and Master of Laws Degree in Tax Law and is a member of the Belgian Institute of Tax Consultants (equivalent to CPA).
EY Americas VAT Leader
Jean-Hugues Chabot is a lawyer and a Partner in the Tax division of the Montreal office of Ernst & Young LLP in Canada. He is the Leader of the Indirect Tax Practice for Canada and is the EY Americas VAT Leader.
As EY Americas VAT Leader, Jean-Hugues’ role consists of helping to build dedicated VAT practices in EY member firms across the Americas, in countries where there is currently either a VAT system or proposals to implement a VAT system. This includes identifying dedicated VAT leaders in South America, Mexico and Central America and helping in the hiring of dedicated VAT resources. The objective is to have integrated VAT service offerings across the Americas to help EY clients doing business in these countries.
In 1981, Jean-Hugues obtained his law degree from the University of Montreal and his designation in 1983 after attending the Master of Tax program at the University of Sherbrooke.