MALAYSIAN TAXATION SYSTEM 2004 SELF ASSESSMENT

• Main Author: SUBRAMANIAM, ARJUNAN DR (Author)
• Format: Book
• Language: English
• Published: Selangor Sweet & Maxwell Asia 2004
• Subjects: Taxation > Law and legislation > Malaysia; Income tax > Law and legislation > Malaysia
• Online Access: Click Here to View Status and Holdings.

 "My garden has a fence, the earth, the sky, but the thoughts of a taxman have no boundaries ... The 2004 Budget was delivered on September 12, 2003. One major change was made to the taxation system siz with effect from year of assessment 2004 et seq remittances of income to Malaysia by resident individuals, trust bodies, co-operatives and Hindu joint families are tax-exempt. It would be recalled that with effect from year of assessment 1995 companies and unit trusts were exempt on remittances of income to Malaysia (Income Tax Exemption (No 48) Order 1997). The self-assessment system operates for individual employees with effect from year of assessment 2004. The Inland Revenue has issued a number of Public Rulings and these are included in this edition. The law is stated as at January 1, 2004. I thank the editors of Sweet & Maxwell Asia for the efforts to bring out this work in time. All errors and omissions are mine.