Latest Malaysian news, Malaysian english news, Latest news in Malaysia today, What is the latest news in Malaysia
THE Inland Revenue Board of Malaysia (IRB) and the Royal Malaysian Customs Department (Customs) are expected to collect about RM270 billion in taxes. IRB collects income tax, real property gain …
Tax Matters – Is it time to merge Inland Revenue Board and Customs? Read MoreTHE Inland Revenue Board of Malaysia (IRB) and the Royal Malaysian Customs Department (Customs) are expected to collect about RM270 billion in taxes. IRB collects income tax, real property gain …
Tax Matters – Is it time to merger Inland Revenue Board and Customs? Read More
MALAYSIA will be following many other countries in digitalising invoicing through the e-invoice system that will be mandatorily implemented in stages starting with companies with a turnover of more than …
Tax Matters – Are you ready for e-invoicing? Read MoreREFGISTRATION for Sales and Service Tax (SST) should be a simple affair. Why is this a problem for many businesses? This is not a matter of choice. The law states …
Tax Matters – Failure to register for SST can be costly Read MoreTAXATION principles do not discriminate between legal and illegal activities. The fact that the income may be illegal or immoral is of no concern when it comes to taxation. As …
Tax Matters – Deductibility of illegal payments Read More
AT the moment, the thrust of the Inland Revenue Board (IRB) is to encourage taxpayers to comply with tax laws without the necessity to spend time and resources on enforcement …
Tax Matters – IRB’s initiatives to win over taxpayers as ‘partners’ Read More
PASIR PUTEH, Aug 9 — Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said DAP has given its commitment that the party will always respect the religion of Islam as …
DAP promised won’t interfere in Islamic matters, says Zahid Read MoreGRANTING of leases and tenancies by property owners on a short-term or long-term basis is very common. The common understanding among laymen is that all rental income received regardless of …
Tax Matters – Ambiquity in treatment of leases and tenancies Read MoreSTAMP duty is imposed on instruments – which include any written documents such as agreements, memorandums, contracts, deeds, wills, bonds and leases – that are chargeable under the Stamp Act …
Tax Matters – Determination of market value by govt valuers worrying Read MoreSALES and Service Tax (SST) is administered by the Royal Malaysian Customs Department (RMCD). Sales tax is applied on goods manufactured by registered manufacturers and on importation of taxable goods. …
Tax Matters – Expensive to ignore SST exemption conditions Read More