Inland Revenue
Short Writeup
All income of companies and individuals accrued in Malaysia are liable to tax. The direct taxes include income tax, stamp duty and real property gains tax. The indirect taxes include sales tax, service tax, import and export duties.
Source of Incomes that liable to tax:-
1. Gains and profits from a trade, profession and business.
2. Gains or profits from an employment (salaries, remunerations, etc).
3. Dividends, interest or discounts.
4. rents, royalties or premium.
5. pensions, annuities or other periodic payments.
6. other gains or profits of an income nature.
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