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Government to implement GST after Agreement with Business Community
 
JOHOR BAHARU, Feb 14 (Bernama) -- The government will only implement the Goods and Services Tax (GST) after it has received the agreement from the business community including the country's small and medium enterprises. Until then, there is no specific date for the implementation of the GST, said Deputy Finance Minister Datuk Donald Lim Siang Chai. "A round table conference will be held with the various chambers of commerce in the middle of this year to get feedback on the matter. "If the majori
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Limited Liability Partnerships Act 2012
Act 743; 9 February 2012
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Inland Revenue Board of Malaysia (Amendment) Act 2012
Act A1418; 9 February 2012
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Compensation for Loss of Employment
Public Ruling 1 of 2012 by Inland Revenue Board
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SUPPORTING ORGANIZATIONS
BOARD OF ADVISORS
Dr. Veerinderjeet Singh
Chairman, Taxand Malaysia
Kang Beng Hoe
Executive Director, Taxand
Vijey R Mohana Krishnan
Partner, Raja, Darryl & Loh
 
CTIM releases Calendar of Jan - March 2012 CPD Events
The Chartered Tax Institute of Malaysia has released the calendar of CPD events scheduled between January and March 2012.
FOREIGN NEWS: Indian Supreme Court emphasizes the Need for Certainty in Tax Policy in the Vodafone Case
The Supreme Court of India (SC) has pronounced its much awaited decision in the controversial Vodafone tax dispute. Whilst deciding the USD 2 billion tax dispute in favour of Vodafone, the SC has laid down important principles with respect to of...
Operation of IRB Offices in Kedah, Kelantan and Terengganu for CNY
The IRB offices in three states of Kedah, Kelantan and Terengganu will not be operating at 22 January 2012.
 
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Events in February 2012
Events in March 2012
Events in April 2012
Events in May 2012
Events in June 2012
 
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Perumahan Rakyat 1Malaysia Act 2012
Act 739; 9 February 2012
Finance Act 2012
Act 742; 9 February 2012
Income Tax (Exemption) Order 2012
P.U. (A) 22 of 2012; 19 January 2012
 
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Simplifying Tax Laws a Pipe Dream?
Comment by Kang Beng Hoe
Malaysia Master Tax Guide 2012
CCH Malaysia; Dr. Veerinderjeet Singh
Income Tax Deductions for Businesses Malaysia
CCH Malaysia; Vincent Josef
 
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Customs Appeal Tribunal: Producer of Beverages v DG of Customs
Taxation - Customs – Suitable tariff code for multi-grain milk which contains flavoured grains of oat, malt and barley
Customs Appeal Tribunal: Smart Card Printer v DG of Customs
Taxation - Customs - Tariff code for the import of a Smart Card with a single chip - Whether such import subject to any import duty or sales tax
Court of Appeal: NV Alliance Sdn Bhd v Ketua Pengarah Hasil Dalam Negeri
Taxation - Company providing cash incentives for agents upon achieving certain sales targets - Company claiming deductions for such cash incentives - Whether cash incentive payments come under item (l) of subsection (1) of section 39 of the Inco...
 
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Prescribed Form for the Purpose of New Section 83A, Income Tax Act
The Inland Revenue Board (IRB) has made an announcement regarding the introduction of new Section 83A, Income Tax Act 1967 which was proposed in 2012 Budget, that the payer companies are required to furnish the Form CP58 (2011) to their agent, d...
Prefill of Remuneration Particulars in e-Filing
To facilitate taxpayers’ use of e-Filing in line with current technological development, Inland Revenue Board (IRB) is further reinforcing its e-Filing system by obtaining remuneration particulars of taxpayers from their employers for prefill in...
IRB Public Ruling on Tax Exemption on Employment Income of Non-Citizen Individuals working for Certain Companies
Inland Revenue Board Malaysia has released a Public Ruling on Tax Exemption on Employment Income of Non-Citizen Individuals working for Certain Companies.
 
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SCT Chairman retires
Dato’ Zaini Rahman, the chairman of the Special Commissioners of Income Tax Tribunal (SCT), has retired effective 15 September 2011.
Malaysian Tax to carry Customs Appeal Tribunal Rulings
The Customs Appeal Tribunal (CAT) has agreed to supply summaries of its rulings for publication on Malaysian Tax, the leading portal on Malaysian tax.
Understanding Customs Appeal Tribunal: In Conversation with the Chairman (Part 2)
The Customs Appeal Tribunal or Tribunal Rayuan Kastam (the Tribunal) is an independent judicial body established to provide a fair, transparent and speedy procedure for dissatisfied persons to appeal against the decision of the Director General ...
 
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    The law of Malaysia is mainly based on the common law legal system, a direct result of the British colonisation of Malaya, Sarawak, and North Borneo by Britain.
    The Federal Constitution is the supreme law of Malaysia. It establishes a constitutional monarchy with the Yang di-Pertuan Agong as the Head of State. It provides for the establishment of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and Cabinet Ministers; and the judiciary headed by the Federal Court.
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    MLTIC allows individuals and organizations to take advantage of its standing as the most-visited web portal on Malaysian law and tax by becoming sponsors and advertisers. Several options are available.
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    MLTIC is planning to develop a wide range of products and services for Malaysian legal and tax industries. MLTIC believes that forging long-term partnerships with the right people is the way forward, and is looking for enterprising individuals or organizations to partner with.
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    Malaysian Tax aims to build, operate, promote and sustain an online law portal that provides free, fast and easy access to Malaysian tax information.

    Malaysian Tax, the first-of-its-kind web portal in the Region accessible at www.malaysiantax.com, provides free access to latest Malaysian tax developments.
    Malaysian Tax is a micro-site of MLTIC, the most popular web portal on Malaysian law and tax. MLTIC (read as M-L-Tick) or Malaysian Legal and Tax Information Centre is a cluster of web portals on Malaysian law and tax. MLTIC consists of a main portal and 9 micro-sites accessible at or via www.malaysianlaw.my. MLTIC is an initiative inspired by Free Access to Law movement.
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