Filing of Form Q by A Person who is Aggrieved by an Assessment
1. A person who is aggrieved by an assessment made on him by the Director-General of Inland Revenue (DGIR) for any year of assessment is entitled to appeal such assessment under Section 99 of the Income Tax Act 1967 (ITA). 2. According to paragraph 99(1) of the ITA, an appeal must be filed by filing […]
Tax Exemption on Tablet related Benefit – Perquisites vs BIK
Tax Exemption on Tablet related Benefit – Perquisites vs BIK – PDF Public Ruling No. 5_2019 – Perquisites Public Ruling No. 11_2019 – BIK Income Tax (Exemption) Order 2021 1. On November 19, 2019, the IRB issued Public Ruling 5/2019 concerning the value of perquisites given to employees. 2. Under item No. 7.4 of this […]
Guideline on Dispute Resolution Proceeding (DRP)
The Dispute Resolution Proceeding, or DRP, is an initiative of the IRBM that was implemented on July 1, 2013, to allow taxpayers to settle an appeal or application for relief without having to submit it to the Special Commissioners of Income Tax (SCIT) for a decision. 争议解决程序，或称 DRP，是税收局于2013年7月1日实施的一项举措，以让纳税人可以在不必经过所得税特别专员 [SCIT, the Special Commissioners of Income Tax] […]
Guideline on Compensation on Late Refund of Overpayment of Tax (GPHDN No. 2-2021)
The Inland Revenue Board of Malaysia (LHDNM) issued a Guideline on Compensation on Late Refund of Overpayment of Tax (in Bahasa Malaysia only) dated 21 May 2021. 马来西亚内陆税收局于2021年5月21日发布了《关于逾期退税补偿的指南》（仅有马来语）。 9
Guidelines on Deduction for Expenses in relation to Secretarial & Tax Filing Fee for YA2020
1) To improve compliance and governance, income tax deductions for secretarial and tax filing expenses have been merged and limited to a maximum of RM15,000 each year of assessment effective in the assessment year 2020. 2) The Guideline dated 11 May 2021 revise the Guideline dated 18 September 2020 to explain the tax treatment of […]
Notification on Registration of Income Tax Number through e-Daftar
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Country-by-Country Reporting (CbCR) Notification using the Form C
1. Constituent entities can now use the C Form to submit the Country-by-Country Reporting (CbCR) Notification starting in YA 2021. 2. Constituent entities that file other forms should continue to provide notification in the same manner as before. 🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻 1. 从2021年YA开始，成员实体 [Constituent entities] 现在可以使用 Form C 来提交国别报告（CbCR）。 2. 提交其他表格的成员实体 [Constituent entities]，应继续以原有相同的方式提交。 12
Tax Treatment on Final Tax under Section 77C(1)
1. On 3 May 2021, the LHDNM issued a Practice Note to explain the Final Tax’s tax treatment under the provisions of subsection 77C (1) of the Income Tax Act 1967 (ACP). 2. The Income Tax Return Form (ITRF / BNCP) is optional to be submitted to IRBM by taxpayers with one Employment Income ONLY […]
Dispute Resolution Proceeding (DRP)
The Dispute Resolution Proceeding, or DRP, is an initiative of the IRBM that was implemented on July 1, 2013: 🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼 争议解决程序，或称 DRP，是税收局于2013年7月1日实施的一项举措，以让纳税人可以在不必经过所得税特别专员 [SCIT, the Special Commissioners of Income Tax] 的情况下，解决上诉或减免申请。 6
Tax Clearance Letter: Closing the Income Tax File – Companies under CA 2016
LHDNM Operational Guidelines No.3-2021 – Tax Clearance Letter Application 1) The Inland Revenue Board (IRB) has published Operational Guidelines No. 3/2021, titled “Permohonan Surat Penyelesaian Cukai Bagi Syarikat, Perkongsian Liabiliti Terhad Dan Entiti Labuan” on its website in Bahasa Malaysia. 2) The Guidelines, which were issued on June 30, 2021, supersede GPHDN 2/2019, which was […]
