Thornton's Malaysian Tax Commentaries

• Main Author: Thornton, Richard (Author)
• Format: Book
• Language: English
• Published: Petaling Jaya, Selangor Sweet & Maxwell Asia 2006
• Edition: Second Edition
• Subjects: Taxation > Law and legislation > Malaysia; Income tax > Law and legislation > Malaysia
• Online Access: Click Here to View Status and Holdings.
• Item Description: Includes index; "Income tax, Real property gains tax, Promotion of investments, Labuan offshore business activity tax"--Cover
• Physical Description: xxviii, 605 pages illustrations 23 cm 1 CD-ROM (4 3/4 in.)
• ISBN: 9832631718; 9789832631712

Thornton's Malaysian Tax Commentaries is intended as a helpful work of reference on the law of direct taxation in Malaysia. Considering that any tax practitioner or serious student needs to be well acquainted with the basic law, invaluable guidance is provided for users of this work by showing the way to what interests them where understanding and interpretation can be found. Through the comprehensive indexes, references and cross-references to definitions and amendments, as well as helpful notes on salient points, it is hoped that users looking for something in particular, as well as those doing general studies and research, will be enlightened. Important principles laid down in judicial pronouncements by the courts and the special commissioners of income tax have been highlighted and explained to facilitate a clear understanding of important statutory provisions. The second edition of this work makes available the full text of the law on income tax, real property gains tax, promotion of investments and the Labuan offshore business activity tax, including all the schedules and subsidiary legislation of current and general relevance. Within this work, the user will be able to access an up-to-date and comprehensive source of legislation on direct taxation in Malaysia, except for that on petroleum income tax which is only of interest to industry specialists. The Income Tax Act and the Real Property Gains Tax Act together with commentaries appear in the book while their subsidiary legislation as well as all materials relating to the Promotion of Investments Act and the Labuan Offshore Business Activity Tax Act are provided in the accompanying CD-Rom. This is done to keep the book itself to a convenient size.