Question: The current year's tax rate is 25%. After an authorized tax agent does the tax calculation, the company's income tax expense for the year ended

The current year's tax rate is 25%. After an authorized tax agent does the tax calculation, the company's income tax expense for the year ended 30 June 2019 was estimated at RM1,512,000. How much the tax expense for the year ended 30 June 2019 and how to adjust it in the financial statements? Calculation of the tax expense considers all related expenses and income, such as expenses that are not allowed to be tax-deductible, double deduction expenses, and capital allowance of the company's assets.

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