Corporate Tax & LHDN (IRB)
IRB issues public ruling: Taxation on foreign workers
On 16 November 2011, Inland Revenue Board Malaysia issued Public Ruling No 8/2011, “Foreign Nationals Working in Malaysia – Tax Treatment”, which explains the...
Tax Return Form B 2010 and Form P 2010
30 June 2011 tax filing deadline for Tax Return Form B 2010 and Form P in respect of year of assessment 2010 is approaching...
Malaysia individual tax deduction – Broadband subscription fee for YA2010 to YA2012
Malaysia Inland Revenue Board (IRB) on 12 April 2011 issued a Technical Guideline on personal tax relief or deduction on the broadband subscription fee....
Pay Your Tax Now or You Will Be Barred From Travelling Oversea
You will be barred from leaving the country if you have yet to settle your income tax or property tax (RPGT) from October 2013...
Real Estate Investment Trust (REIT) in Malaysia
REIT may consider as good as EPF on its tax exemption status, as all the rental, interest and other investment income earned by REIT...
Annual tax filing deadline by businessmen due today
30 June 2011 marks the last day of first half year of 2011. Time flies, we are mid way through year 2011.
For businessmen carried...
IRB issues Transfer Pricing form to taxpayer
Inland Revenue Board of Malaysia (IRB) issues Transfer Pricing form, namely “FORM MNE (1/2011) INFORMATION ON CROSS BORDER TRANSACTIONS”, to selected taxpayers to collate...
Malaysia Direct Tax Revenue Collections for 2009
Company taxpayers are still the biggest contributor to the government’s revenue of RM40.27 billion, representing 45.55% of the total revenue collection. Followed by petroleum...
IRB conducts free e-Service training for employers
IRB Malaysia will be conducting e-Service workshop/training to all interested employers for FREE!. Yes, free of charge (FOC).
The simulation workshop will cover e-Daftar, e-PCB,...
Increasing Tax Audits by IRB Malaysia
Following the implementation of Self Assessment Taxation System in Malaysia years ago, the Inland Revenue Board switches its focus and attention in doing tax...