ABC Sdn Bhd, a manufacturing company and resident of Malaysia. In the basis year 2016, the...

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ABC Sdn Bhd, a manufacturing company and resident of Malaysia. In the basis year 2016, the company made the following payment to Orange Ltd, a Singaporean company: ii. Orange LTd does not have any permanent establishment in Malaysia. The new accounts executive of ABC seeks your advice on the following scenarios of payments made by ABC to Orange Ltd and remittance of the withholding tax to the IRBM. 1. iii. i) ii) iii) Required: i. ii. RM 2 million for the purchase of machine from Orange Lid RM600,000 for the installation of the machine at the company's factory RM300,000 for the technical advice on the operational of the machine Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was paid to IRBM on 20 September 2016. Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was yet remit to IRBM Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was paid to IRBM on 10 December 2016. Explain whether each of the payment made is subjected to withholding tax or not. Give reason to your answer. Compute the withholding tax and penalty due (if any) for all the above scenario ABC Sdn Bhd, a manufacturing company and resident of Malaysia. In the basis year 2016, the company made the following payment to Orange Ltd, a Singaporean company: ii. Orange LTd does not have any permanent establishment in Malaysia. The new accounts executive of ABC seeks your advice on the following scenarios of payments made by ABC to Orange Ltd and remittance of the withholding tax to the IRBM. 1. iii. i) ii) iii) Required: i. ii. RM 2 million for the purchase of machine from Orange Lid RM600,000 for the installation of the machine at the company's factory RM300,000 for the technical advice on the operational of the machine Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was paid to IRBM on 20 September 2016. Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was yet remit to IRBM Assuming that payment was made to Orange Ltd on 20 August 2016 and the amount of withholding tax was paid to IRBM on 10 December 2016. Explain whether each of the payment made is subjected to withholding tax or not. Give reason to your answer. Compute the withholding tax and penalty due (if any) for all the above scenario

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