Malaysian Ship Business – Income Tax (Exemption) (No. 7) Order 2022
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Subsection 54A(1) of the ITA 1967 Under Section 54A(1) of the ITA 1967, where a person who is resident in Malaysia for the basis year for a year of assessment carries on the qualifying business of – the statutory income for that year of assessment from that business shall be exempt from tax. Footnotes Business […]