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IN THE NEWS
Luxury Tax is on the way – what goods will be affected, how will it be implemented?
THERE is a lot of noise around Luxury Tax. Some regard this as taking money from the rich and giving it to the rakyat. There is a lot of uncertainty surrounding this tax: What goods will be subject to Luxury Tax; what is the threshold at which it will be imposed; rate...
Is the tax position of intangible assets clearer?
MALAYSIA'S Inland Revenue Board (IRB) had in the past taken the view that intangible assets do not qualify as an expense deduction or eligible for capital allowances until 2018 when the courts ruled that intangible asset such as a database containing core deposit and...
Time to stop the capital gains tax scaremongering
THROUGHOUT the past two decades, Malaysia has been running a budget deficit. This year’s deficit will be 5% of gross domestic product, amounting to RM97 billion. Malaysia cannot keep on increasing its borrowings which will soon reach RM1.2 trillion. In order to...
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TTCS Virtual Tax Conference 2023
TTCS Webinar Conference: Tackling Practical Problems Faced by Taxpayers } 18 April 2023, 8:45am to 4:45pm Online Free Greetings! We are delighted to announce that we are back with our 4th Virtual Tax Conference which will be held on 18 April 2023 (Tuesday)! This...
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...
Latest Indirect Tax Special Voluntary Disclosure & Amnesty Program (“VA Program”) by Royal Malaysian Customs Department
Latest Indirect Tax Special Voluntary Disclosure & Amnesty Program } 21 December 2021, 9:30am to 11:00am Online Free The sharing session will be on the latest Indirect Tax Special Voluntary Disclosure & Amnesty Program ("VA Program") by Royal Malaysian...
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