Indicate the statements below as True / False in the column provided.

Statements	True / False
Withholding taxes is punitive control method in the management of tax compliance.
Withholding tax is an amount withheld by the party making the payment on income earned by a non-resident and paid to the Inland Revenue Board of Malaysia.
If the payer fails to pay increase in tax imposed on him for late payment of withholding tax or for failure to pay withholding tax is constitute as non-compliance
Withholding tax is chargeable to the disposal of real property in Malaysia.
A payment made to a non-resident cinematographer is classified as payment made to public entertainer.
Pepper PT, a commission agency for sales in Indonesia on behalf of Redstone Bhd, a resident company of Malaysia. Redstone Bhd pays commission to Pepper PT based on the sales transactions secured overseas. The commission paid is recorded by Redstone Bhd is related to business income and not subject to withholding tax.
RPGT is also applicable in the procurement and disposal of shares in real property companies.
RPGT applies only to Malaysian residents.
An RPGT waiver on the chargeable amount is granted to individuals but not companies.
In a no-gain no-loss transfer, the disposal price is deemed to be not more than 10% above or below the acquisition price.
There is no distinction between the RPGT rates for disposals by companies, individuals, trusts and partnerships.
In RPGT, permitted expenses refer to any expenses incurred wholly and exclusively on the asset after its acquisition for the purpose of enhancing or preserving its value and expenses incurred in establishing and defending title or right over the asset.
Allowable loss is not allowed to be set-off against other chargeable gain.
Private residence exemption is granted on yearly basis.
Upon disposal of real property, buyer is need to retain an amount of cash equivalent to 3% of selling price and to be released only when seller is paying his RPGT liability