
TaXavvy Issue 11/2018
This issue covers Special Voluntary Disclosure Program.
The Inland Revenue Board has issued the Public Ruling 10/2018 - Tax Incentives for Investment in BioNexus Status Company (BSC) dated 4 December 2018. This public ruling seeks to explain the incentive for investments made in a BSC and is to be read together with thePublic Ruling 8/2018 - Tax Incentives for BioNexus Status Companies dated 9 October 2018 as covered in our TaXavvy 9/2018.
TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PricewaterhouseCoopers Taxation Services Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
This issue covers Special Voluntary Disclosure Program.
This issue covers Public Ruling 11/2018 – Withholding Tax on Special Classes of Income
This issue covers Public Ruling 7/2018 - Accelerated Capital Allowance, Public Ruling 8/2018 – Tax Incentives for BioNexus Status Companies, Public Ruling 9/2018 - Taxation of Unit Holders of REITs / PTFs
This issue covers Public Ruling 3/2018, New public rulings on taxation of resident individuals, amended guideline on deduction for expenses relating to secretarial fees and tax filing fees and revised guideline on research & development incentives.