Malaysia Income Tax Deductions For Businesses(3rd Edition)
Authors:
Vincent Josef
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Book details
ISBN: 9670853974, 978-9670853970
Book publisher: Commerce Clearing House (Malaysia) Sdn Bhd (August 6, 2022)
Malaysia Income Tax Deductions For Businesses 3rd Edition Summary: There is a wealth of tax deductions available to businesses in Malaysia. But do you know of them, how to harvest them? The range of expenses and deductions the businessman can exploit is wide, making the topic intricate and challenging, but one well worth exploring.Income Tax Deductions for Businesses aims to help businesses fill that void, to reduce their taxable income by adopting optimum approaches. It explains the types of deductions available both in the Income Tax Act 1967 and ministerial rules, and the basic conditions to comply with.In addition, this Tax Guide offers an in-depth study of the 3 core expense sections — Sections 33, 34, and 39.Key Features & BenefitsLearn how to reduce your taxKnow of specific deductible expenses applicable to your own businessesExplains the types of expenses with illustrations, computations, and commentariesUnderstand the relevant laws, i.e. Income Tax Act 1967, and Revenue Guidelines like Public RulingsDiscover the unique expenses offered as boosts to the business community.
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