Bernard Yap,  Partner, Ernst & Young Tax Consultants Sdn. Bhd (Partner, Ernst & Young Tax Consultants Sdn. Bhd., at Ernst & Young Tax Consultants Sdn. Bhd.)

Bernard Yap, Partner, Ernst & Young Tax Consultants Sdn. Bhd

Partner, Ernst & Young Tax Consultants Sdn. Bhd., at Ernst & Young Tax Consultants Sdn. Bhd.

Bernard is head of Private Client Services and Financial Services within the Tax Practice at Ernst & Young Malaysia. He was the Indirect Tax leader within Ernst & Young Malaysia and led the GST implementation in Malaysia. He has been actively involved in compliance, regulatory and
consultancy engagements for Malaysian financial institutions together with Entrepreneurs and their business enterprises.

He works with banks and insurance companies within the financial industry. Furthermore, he provides tax planning services to owners, families, family businesses, private equity and asset management stakeholders as well as high net-worth individuals.

• He works with the EY Global tax policy network to help develop and implement policy initiatives — both as an external and internal advisor to governments and regulators.
Selected professional experience

• His experience includes conducting tax due diligence, tax documentation review and tax audits, tax training, indirect tax planning and advisory, tax planning schemes for large local and multi-national corporations, and applications for licences, incentives and tax exemptions.

• Advising HNW on setting up Family Office structures to formulate formal governance for succession planning.

• Involved in the submission of numerous Goods and Services Tax (GST) memorandums and discussions with the Tax Review Panel and Bank Negara Malaysia on GST for financial services (both conventional and Islamic banks) and insurance operators.

• Assisted local and international banks in the implementation ofCommon Reporting Standard (CRS) in Malaysia.

• Advising HNW on the impact of CRS to their personal tax and managing their Malaysian and international tax obligations.

• Regular speaker at conference, seminars and forums organized by EY, accounting bodies and regulators.