
Category Taxation
Tax updates, advisory insights, compliance matters, and tax-related articles by Cheng & Co Group.



Mitos CP58 (Versi Bahasa Melayu)
Mitos CP58 (Versi Bahasa Melayu) Banyak syarikat yang tidak mengetahui akan kewujudan CP58, tak memahami cara penyediaan CP58 malah tidak mengetahui fungsi CP58. Oleh itu, kami akan menyelesaikan masalah dan rayuan kamu dengan artikel ini. 1. Apakah itu Borang CP58?…



Tax Treatment on Irrecoverable Debts
Tax Treatment on Irrecoverable Debts During this time, as we all know many companies have been significantly affected by COVID-19 and may cause the inability to continue operations and cash flow problem which resulting in difficulties of recovering trade debts.…


Real Property Gains Tax (RPGT) and Stamp Duty Exemption
Real Property Gains Tax (RPGT) and Stamp Duty Exemption Real Property Gains Tax (RPGT) Exemption From 1st June 2020 to 31st December 2021, the gains arising from disposing of residential property are now exempted for all Malaysian citizens. There are…

FAQs related to 50% Penalty Remission on SST Late Payment, Exemption Sales Tax on Car Purchasing and Exemption Tourism & Service Tax on Accommodation Operator
FAQs related to 50% Penalty Remission on SST Late Payment, Exemption Sales Tax on Car Purchasing and Exemption Tourism & Service Tax on Accommodation Operator On 30th June 2020, Royal Malaysian Customs Department (RMCD) has released the latest National Economic…

Investment Holding Company Determination of Gross Income of a Company or Limited Liability Partnership
On 18th May 2020, Inland Revenue Board of Malaysia (IRBM) has released The Practice Note No. 3/2020 to clarify an additional criteria of having gross business income from business not exceeding RM50 million



