Malaysian Corporate Taxation - Incorporating the Updates in Budget 2024

This book, Malaysia Corporate Taxation, has been meticulously crafted for students of the Advanced Taxation course at Universiti Utara Malaysia. It reflects the most recent updates and announcements from Budget 2024, focusing on crucial company tax matters. In addition to covering the Income Tax Act 1967, this book also delves into the Service Tax (Amendment) Act 2020, Sales Tax (Amendment) Act 2020, Real Property Gain Tax Act 1976, and Promotion of Investment Act 1986. It incorporates the latest Public Rulings, guidelines, and other pertinent materials published by the Inland Revenue Board of Malaysia.

The book is structured into 11 comprehensive chapters, encompassing topics such as indirect taxes, double taxation relief, withholding tax, company taxation, investment incentives, specialized industries, estate under administration, settlements and trust bodies, cooperatives societies, trade associations and clubs, real property gain tax, and taxation on Islamic-based transactions. Each chapter is enriched with clear explanations, illustrative examples, and practical tutorial questions, complete with suggested solutions to aid understanding.

The content is designed not only to serve students but also to be a valuable resource for anyone with an interest in Malaysian corporate taxation. May it guide and assist all readers in navigating the intricate landscape of tax regulations with confidence and clarity.