E-Invoice 2
Issuance of E-Invoices: Top 12 FAQs You Must be Clear On
电子发票2024:跨境交易该如何处理？
Different Types of Taxes and Government Revenue in Malaysia
Different Types of Taxes and Government Revenue in Malaysia The Federal Government revenue which includes taxation is classified into four main categories, namely Tax Revenue, Non-Tax Revenue, Non-Revenue Receipts and Revenue from Federal Territories. Tax Revenue Tax Revenue is classified into Direct Tax Revenue and Indirect Tax Revenue. Direct Tax Revenue Individual Income Tax Corporate […]
Tax Avoidance and Tax Evasion
Tax Avoidance and Tax Evasion What is Tax Avoidance ? The term “avoidance” is defined as an arrangement of a taxpayer’s tax affairs in compliance with the law to reduce the incidence of tax. So long as no provisions of the law are violated and transactions are bona fide, tax avoidance is justifiable. The […]
Capital Gains Tax vs Revenue Tax in Malaysia
Difference between Capital Gains Tax and Revenue Tax in Malaysia In general, Malaysia does not have any capital gains tax, except for gains from property disposals under the Real Property Gains Tax. Mainly, Malaysia only taxes revenue that is income in nature, derived from Malaysia. What is Capital Gains The capital transaction is usually […]
Treatment of Election Public Holidays : 18 and 19 November 2022
Election Public Holidays : 18 and 19 November 2022 The caretaker Prime Minister of Malaysia, Dato’ Sri Ismail Sabri bin Yaakob has announced that 18 and 19 November 2022 are declared public holidays under Section 8 of the Holidays Act 1951. This is to encourage and facilitate Malaysians to vote for their government in the upcoming […]
Different Types of Taxes in Malaysia
How many types of taxes are in Malaysia? There are two types of taxes in Malaysia which consists of direct tax and indirect tax. Direct Tax Direct tax is a tax that is levied on a person or enterprise’s income. The taxpayer is paid directly to the tax collector. Inland Revenue Board Malaysia (IRBM) is […]
什么是 Interest Restriction？
