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Women's participation in senior leadership in Malaysia reaches highest ever recorded level — Grant Thornton report


KUALA LUMPUR (March 8): The number of women holding senior leadership positions in Malaysia has hit 37% this year, the highest ever recorded despite the Covid-19 pandemic affecting economies around the world, according to Grant Thornton’s annual Women in Business report.
In a statement today, the independent assurance, tax and advisory firm said the Asean region also made strides with the level of women participating in senior leadership rising to 38%, from 35% last year.
It noted that all regions have surpassed the crucial 30% milestone, except for Asia Pacific, which is at 28%.
“Seeing the proportion of women leaders in Malaysia rise from 31% last year to 37% this year is encouraging. This figure is also above the global figure of 31%. It also passes the important 30% threshold, which research shows is the minimum representation needed to change decision-making processes,” said Grant Thornton Malaysia’s National Tax Practice leader Seah Siew Yun. ....

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Number of women holding senior leadership positions in Malaysia at record-high of 37pc, says report | Malaysia


Monday, 08 Mar 2021 01:03 PM MYT
The report also noted that Malaysian businesses are taking positive actions to improve the gender balance of their leadership team. Picture by Choo Choy May
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KUALA LUMPUR, March 8 The number of women holding senior leadership positions in Malaysia has increased to a record-high of 37 per cent, despite the Covid-19 pandemic affecting global economies, according to Grant Thornton’s annual Women in Business report.
Grant Thornton Malaysia PLT’s National Tax Practice leader, Seah Siew Yun said the figure is also above the global figure of 31 per cent, surpassing the important 30 per cent threshold which, according to research, is the minimum representation needed to change decision-making processes. ....

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Failure to Report Cryptocurrency on Your Tax Return Can Lead to Trouble With the IRS


For instance, just because in one year an entity that paid you doesn t report that payment, a year from now when the entity gets audited and issues late 1099 forms, the IRS will expect you to have reported what you earned, Hauer said.
The IRS has put crypto front and center for this tax-filing season. High up on the first page of your tax return, a yes or no question is posed: At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?
In other words, no matter how it came into your possession, you are expected to tell the IRS about it. ....

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