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Thannees Tax Consulting Services Articles in the Press and Social Media

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Foreign-sourced income – what is remaining

IN BUDGET 2022, the government announced that it intended to tax foreign-sourced income received in Malaysia from Jan 1, 2022 by all Malaysian tax residents. Non-residents were excluded. Through a media release on Dec 31, 2021, the Ministry of Finance announced...

Tax Matters – Time to stop retrospective application of laws

TAXPAYERS value legal certainty in the application of laws to enable them to plan so as to avoid being left in the dark with regard to their taxation rights and obligations. The majority of taxpayers want to pay the correct taxes and not any more. Through taxation,...

Charities and tax exemptions

ANY organisation receiving donations from the public and spending monies on charitable activities without any intention to make profits could be subject to tax on the surplus on grounds that there is an organised activity to collect the donations and to...