Mastering Tax Estimation and Payment under s 107C of the ITA 1967: Estimating Tax for New Companies
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Section 107C of the Malaysian Income Tax Act 1967 outlines the rules and procedures for companies, limited liability partnerships, trust bodies, and co-operative societies to estimate their tax payable and make payments by instalments. Here’s a summary of the key points from this section: 1. **Annual Estimate**: Every company, limited liability partnership (LLP), trust body, […]