Tax Treatment for Developers, JMBs, MCs or Sub-MCs for the Maintenance Fees and Sinking Fund
The Inland Revenue Board (IRB) has released on its website revised Technical Guidelines in Bahasa Malaysia, titled “Garis Panduan Berhubung Layanan Cukai Ke Atas Pemaju Atau Badan Pengurusan Bagi Penyenggaraan Dan Pengurusan Bangunan Dan Harta Bersama” (Guidelines), dated 18 July 2022. These Guidelines represent a significant revision to the earlier Guidelines (“Old Guideline”) dated 21 […]
Time Limit For Unabsorbed Adjusted Business Losses Carried Forward
The carried forward of unabsorbed company losses would be extended for 10 instead of 7 consecutive years of assessment, as was indicated in the Budget 2022. In light of this, section 44(5F) has been amended with retrospective effect from YA 2019. PR No. 1/2022, entitled “Time Limit for Unabsorbed Adjusted Business Losses Carried Forward,” was […]
Guides to Managing Malaysian Employment Act
Disclaimer: The information in this article should not be construed as legal advice, and we assume no responsibility or liability for any decisions made or actions taken from this article should not be construed as legal advice, and we assume no responsibility or liability for decisions made or actions taken as a result of reading this article. This guide […]
