BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  P&L  >  Panama Papers & Beyond: Why Tax is Now a Board-Level Risk

Panama Papers & Beyond: Why Tax is Now a Board-Level Risk

Dr Veerinderjeet Singh, Senior Adviser on Tax Policy, KPMG

09-Jun-25 11:00

Panama Papers & Beyond: Why Tax is Now a Board-Level Risk

From the Panama Papers to profit shifting by global giants like Starbucks & Apple, a wave of public scrutiny has permanently transformed the global tax landscape. This increased pressure from regulators, including Malaysia's LHDN, means tax is no longer a simple compliance chore, it's a core business risk demanding board-level attention.

So, how should Malaysian companies navigate this new era of transparency? Dr. Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG, joins us to unpack the principles of modern tax governance.

He explains how frameworks like LHDN’s Tax Corporate Governance Framework (TCGF) are shifting the dynamic from adversarial to cooperative, and what boards must do to protect their organisations from financial and reputational damage.

We discuss:

  • Why global scandals and profit shifting directly impact Malaysian firms.

  • The crucial shift from tax compliance to strategic risk management.

  • How the IRB's Tax Corporate Governance Framework (TCGF) works.

  • The board and audit committee's role in tax strategy oversight.

  • The tangible benefits of good governance, including reduced scrutiny.

For board members, CFOs, CEOs, and business owners, this is an essential guide to fortifying your company in the new age of tax transparency.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economyCorporatesmanagingSME

Tags:  tax governancecorporate governancerisk managementlhdntax compliancetax policycorporate tax





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Steven Tseng, senior analyst covering technology hardware at Bloomberg Intelligence on the outlook of China's tech giants.

7:45 AM

Morning Brief

Independent business writer P. Gunasegaram discusses the reform of GLCs and GLICs

8:00 AM

The Breakfast Grille

H.E. José Luis Pardo-Cuerdo, Spanish Ambassador to Malaysia discusses Spain’s growing engagement with Southeast Asia, its NATO commitments, and its stance on Palestine.

8:30 AM

Morning Brief

Michael Cucek of Temple University discusses Japan politics as Sanae Takaichi becomes the country’s first female Prime Minister.

8:45 AM

Morning Brief

We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Steven Tseng, senior analyst covering technology hardware at Bloomberg Intelligence on the outlook of China's tech giants.

9:35 AM

Ringgit & Sense

Lim Eng Ping, Head of Wealth Management Malaysia, Maybank & Nor Fazlina Mohd Ghouse, CEO, Maybank Trustees Berhad to talk about legacy planning.

10:05 AM

Open For Business

Wong Wai Ken, Country Manager, Stashaway Malaysia

11:00 AM

Tech Talk

Henry O’Connell, Co-Founder & CEO, Canary Speech

12:00 PM

Enterprise Explores

Salim Abu Haniffa, Executive Director, Malaysian Chamber of Commerce - Southern Africa

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service