Nurturing tax leaders of tomorrow
& Young’s Young Tax Professional of the Year (EY YTPY) Malaysia is back for its fifth edition. The competition gives Malaysian undergraduates and postgraduates who are enrolled in local or foreign universities the chance to represent the country at the international EY YTPY competition to be held in the Netherlands from Nov 26 to 30 this year.
At the world stage, the Malaysian winner would compete with winners from more than 30 countries for the title.
Malaysian participants need to provide an essay response to the EY YTPY 2017 Malaysia competition question, and submit it before Aug 4.
The top 10 EY YTPY 2017 Malaysia finalists would then be challenged with case studies and be invited to present their findings before experienced judges who will be looking for evidence of critical thinking and analytical strengths, creativity, commercial awareness and executive presence.
EY Malaysia Tax leader Amarjeet Singh said: “At EY, developing young talent and providing them with the right opportunities are some of the ways in which we help fulfill our purpose of building a better working world. The EY YTPY competition is an ideal platform for us to promote the tax profession and nurture the tax leaders of the future.
“In the competition, participants will be challenged to think outside the box as they tackle the business issues presented to them. They will need to be creative in coming up with solutions in order to develop outcomes that can potentially help grow, optimise and protect businesses.
“It also serves to reaffirm the growing importance of tax knowledge in the world of business and finance, and increase awareness of the tax profession as a viable and interesting career choice. We hope this competition will provide our local talent with greater confidence, deeper insight into the profession and inspire them to become successful tax professionals in a highly globalised and competitive environment,” said Amarjeet.
EY Tax Consultants Bhd partner Farah Rosley said: “The EY YTPY competition works in two stages. The first stage is the national competition. This is followed by the second stage, which is the international competition.
“The rewards for winners of the YTPY competition include once-in-a-lifetime experience and opportunity to work with business leaders, remarkable prizes, such as prize money, internship in EY as well as opportunities to engage with EY global leaders and key clients.
“I strongly urge our Malaysian students to take on the challenge and aim for a spot in the international competition as the experience will be enriching and exceptional,” said Farah, who is also the EY YTPY director.
This year, Inland Revenue Board of Malaysia (LHDNM) returns as a supporter of the EY YTPY Malaysia programme for the fifth consecutive year.
LHDNM Corporate Services Department director Marina A. Aziz said: “Talented tax professionals are critical to the growth and dynamism of businesses and economies. Through creativity and innovation, they develop solutions that meet the complexity of the ever-changing business landscape and inspire confidence in markets.
“At LHDNM, we understand the importance of tax professionals and their contribution. Through our association with the EY YTPY programme, we aim to help nurture the growth of the tax profession and industry in the country,” said Marina.
First-prize winner for the international level, who demonstrate the most inclusive leadership style and skills, stand a chance to go on a 30-day “round-the-world” business trip built around a 10-day working visit to key EY Area Tax Centres in London, New York and Hong Kong (1st prize).
(From left) Francis Choong (EY YTPY 2014 winner), Kok Ser Lin (EY YTPY 2015 winner), Yasmin Ahmad Ariffin (EY YTPY 2016 winner), Amarjeet Singh, LHDNM Corporate Services Department deputy director Umi Kalsom Harun, Farah Rosley and Rahimah Abdullah from LHDNM Corporate Services Department.
EY Leaders, LHDNM and TalentCorp officials as well as students and representatives from local and international institutes of higher learning.