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IN THE NEWS

Tax Matters – Is ambiguity a reason to disallow expenses?

THE basic principle for claiming a tax deduction is that the expenditure must incurred wholly and exclusively in the production of income, which can be against business income or non-business income such as employment, rental, interest, royalties, and others. There...

Clearing Up The Franchise Fee Confusion

THERE are more than 1,100 franchises registered with the Ministry of Domestic Trade and Consumer Affairs. In 2022, the total sales value exceeded RM14 billion, and by 2025, it is expected to exceed RM26 billion. Significant franchise payments are made to both local...

Is the Purchase of Software Tax Deductible?

NO business can function in today’s corporate environment without using software. Businesses have to buy or license software. The tax laws regarding the treatment of the payment for the use or the purchase of software have been changing since the late 1990s. In this...

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EVENTS

TTCS Virtual Tax Conference 2022

TTCS Virtual Tax Conference 2022

TTCS Webinar Conference: Tackling Practical Problems Faced by Taxpayers } 9 May 2022, 9:00am to 4:30pm  Online  Free Greetings! We are is delighted to announce that we are back with our 3rd Virtual Tax Conference which will be held on 9 May 2022 (Monday)! This...

Foreign Source Income Issues Explained

Foreign Source Income Issues Explained

Foreign Source Income Issues Explained } 11 November 2021, 9:30am to 11:00am  Online  Free Interested to understand the issues surrounding foreign source income following the Budget 2022? Join us virtually on our free sharing session scheduled for 11th November 2021...

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Our team brings together extensive years of experience in the tax field to deliver superior value for our clients.