Beyond Compliance, Grow Sustainably.
Beyond Compliance, Grow Sustainably.
Indirect Taxation Orders recently gazetted The following Orders have been recently gazetted and have come into operation as follows:- P.U. (A) Title Date Gazetted Remarks CUSTOMS 404/2017 Customs (Anti-Dumping Duties) (Administrative Review) (Amendment) Order 2017 22 December 2017 This Order…
Direct Taxation Rules/Orders/Regulations recently gazetted The following Rules/Orders/Regulations have been recently gazetted and have come into operation as follows:- P.U. (A) Title Date Gazetted Remarks Income Tax 403/2017 Income Tax (Automatic Exchange of Financial Account Information) (Amendment) Rules 2017 22…
19-25 November KPMG: Possible reduction in corporate tax rate by 2019, 22 November 2017 There is a possibility that there will be a cut in Malaysia’s corporate tax rate by 2019 which will kickstart economic growth, higher productivity and competitiveness,…
12-18 November Digital tax may boost tax collection by 5%, 17 November 2017 KPMG Tax Services Sdn Bhd said that Malaysia’s plan to impose indirect tax on companies in the digital economy, especially cross-border e-commerce and service firms, could increase…
1-11 November Labuan called to align its tax regime with BEPS Action 5, 16 November 2017 The Governor of the Central Bank of Malaysia, Muhammad bin Ibrahim, has called for Labuan to review its international tax framework, following OECD’s work…
Income Tax and GST Legislation, Public Rulings and Guides Update PUBLIC RULING 6/2017 – WITHHOLDING TAX ON INCOME OF A NON-RESIDENT PUBLIC ENTERTAINER Full Version Lembaga Hasil Dalam Negeri Malaysia (LHDNM) has issued the above Public Ruling (PR) dated 12…
Written by Bryan Lew, Corporate Development & GST Director of Cheng & Co & Jack Wong, Senior Tax Manager More than a year has passed since the implementation of Goods and Services Tax in Malaysia; however with numerous ops conducted…
Another successful GST Workshop was held at Cheng & Co’s Melaka branch on 11 October, 2016. This time around the workshop was conducted in English and participants gained a great deal of awareness and understanding on common GST accounting mistakes,…
Following the success of the Mandarin session of our GST Accounting & Updates Workshop last week, Cheng & Co will be conducting another in English on 11 October, 2016 at our Malacca branch. Key topics such as common GST accounting…
Cheng & Co’s Melaka branch conducted a successful GST workshop last Friday with approximately 30 participants – many who came from Muar and Batu Pahat, Johor – gaining valuable insights on common GST accounting mistakes, GST tax code updates, etc.…
