100 WAYS TO SAVE TAX IN MALAYSIA

• Main Author: THORNTON, RICHARD (Author)
• Format: Book
• Language: English
• Published: Petaling Jaya, Selangor Sweet & Maxwell Asia 2004
• Edition: SECOND EDITION
• Subjects: Income tax > Law and procedure > Malaysia; Taxation > Law and legislation > Malaysia
• Online Access: Click Here to View Status and Holdings.
• Physical Description: xv, 224 pages 24 cm
• ISBN: 9832631238; 9789832631231

Paying the imposed by goverment is a duty that most responsible citizens provided that the quantum of tax can be kept to the minimum that the 1aw will allow. In 100 Ways to Save Tax in Malaysia the author, although Concentrating mainly on the taxpayer's right to mitigate his taxes, also pays attention to some potentially costly pitfalls in relation to his tax compliance obligarions. A book not to be missed by the concerned taxpayer, it is an invaluable and concise guide to tax planning, it aims to help the average busy person, with little or no knowledge of tax, and not a lot of time to spare, to find a few simple tips which will help to reduce his taxes. The easy-reading style, clear examples and comprehensive index make it convenient to search for the gems that specifically interest the reader. Those who have the time and the interest to read it from cover to cover will find it an interesting, enjoyable and useful experiences Although the main emphasis of the book is on income tax for individuals, there is something for everybody, including people in business and smaller companies. Self-assessment, which has applied, to companies since 2001, will affect individuals and all other taxpayers from 2004. Without doubt, this will be important for the many taxpayers who Will suddenly need to get 'up close and personal' with their tax compliance responsibilities. Recognising that, a new chapter on self-assessment has been included to help readers make the transition to the new tax regime as smoothly as possible. The chapter on real property gains tax, which gives useful ideas on minimising or eliminating exposure to that tax, covers disposals of shares in real property companies as well as ordinary land disposals. Key features of the new edition of this highly successful tax guide: -Revised and interpretations a Revised and improved with the latest tax news and interpreatations- Completely up- to-date with all 2004 Budget proposals - New examples - New chapter on self-assessment - Tax-exempt business activities