Latest media release on 12 June 2023 that cheques & money/postal orders will not be accepted …
Read MoreDirectors are also responsible for the companies' tax obligation under the Malaysian Income Tax Act (ITA) 1967. ... He or she is not treated as a distinct legal person from the company, and thus can be personally liable in the case of tax obligations.
5 out 10 your account people don't know how to do foreign exchange gain and loss based on our 20 years experience in accounting industry! Now, IRB has produce an official guideline to clear your doubt.
The Malaysian Transfer Pricing Guidelines explain the provision of Section 140A in the Income Tax Act 1967 and the Transfer Pricing Rules.
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