CPD Events
- October - October 2016
GST TRAINING COURSE NO.2/2016 - October - January 2017
TAX PLANNING AND ISSUES FOR PROPERTY DEVELOPERS AND PROPERTY INVESTORS - 17 Oct 2016
GST ON CROSS-BORDER TRANSACTIONS; PRACTICAL IMPLICATIONS - October - November 2016
PRACTICAL GUIDE 2016: TAXATION PRINCIPLES AND PROCEDURES - 3 Nov 2016
2017 BUDGET SEMINAR - November - December 2016
2017 BUDGET SEMINAR - 23 Nov 2016
PROPERTY DEVELOPERS - GST LATEST DEVELOPMENTS & PRACTICAL ISSUES - 19 Dec 2016
TAX INCENTIVES FOR EXPORTERS
Technical News
- September 2016
e-CTIM TECH-IT 25-2016 - GST Audit Framework - September 2016
RMCD - GST Audit Framework (080916)
GST is a self-assessment regime and tax audit is an important enforcement activity carried out by the RMCD to ensure businesses comply with the relevant legislations. The GST Audit Framework lay down the parameters in which GST audit will be carried out. The objective of the Framework is to ensure that GST audit is conducted in a fair, effective and efficient manner - September 2016
e-CTIM TECH-DT 82-2016 - Further clarification on Item L26A in the Form C for YA 2016
Further to our e-CTIM TECH-DT 81/2016 dated 26 September 2016, the Institute has obtained further clarification from the Inland Revenue Board of Malaysia (LHDNM) on Item L26A (Input tax not claimable from RMCD) in the Form C for the year of assessment 2016. - September 2016
Clarification on Item L26A and Item R6 in the Form C for YA 2016 (eCTIM Tech-DT-81-2016)
The Institute has obtained clarification from the Inland Revenue Board of Malaysia (LHDNM) on Item L26A (Input tax not claimable from RMCD) and Item R6 (Has subsidiary company or related company in Labuan F.T.) in the Form C for the year of assessment 2016. - September 2016
e-CTIM TECH-DT 81-2016 - Clarification on Item L26A and Item R6 in the Form C for YA 2016
The Institute has obtained clarification from the Inland Revenue Board of Malaysia (LHDNM) on Item L26A (Input tax not claimable from RMCD) and Item R6 (Has subsidiary company or related company in Labuan F.T.) in the Form C for the year of assessment 2016. - September 2016
e-CTIM TECH-DT 80-2016 - Tax Case Update - KPHDN v Latex Mfg SB (HC) (2015)
Appeal against the IRBM's disallowance of claim for tax relief by holder of a Pioneer Certificate: Civil Appeal No 14-1-01/2015 (2016) MSTC 30-125 High Court, Kuala Lumpur. Decided on 10 May 2016. Revenue law Tax exemption Pioneer status  Pioneer certificate granted by Minister of International Trade and Industry ("MITI") Alleged non-compliance of pioneer certificate Letter written by Inland Revenue Board ("IRB") to MITI to cancel the pioneer certificate No show cause letter issued by MITI to the respondent company  Whether IRB had acted ultra vires in disallowing the respondent's claim for the tax incentives under the pioneer certificate. The respondent company had been granted pioneer status and pioneer certificate for the production of examination gloves. A 100% exemption had been granted to the respondent by the Government through the Minister of International Trade and Industry. Under Condition (j) of the pioneer certificate, the respondent shall export all its products. Pursuant to an audit conducted by the appellant, it was discovered that the respondent did not export all its products but the export was also undertaken by its holding company. In view of this, the appellant contended that the respondent had breached Condition (j) of the pioneer certificate. Therefore, it was not entitled to the tax exemption granted to it by MITI. The appellant then informed MITI vide its letter dated 17 July 2009 of the alleged non-compliance and suggested to MITI to cancel the pioneer certificate granted to the respondent pursuant to s 9 of the Promotion of Investments Act 1986. The letter sent to MITI was not copied to the respondent. The Special Commissioners of the Income Tax ("SCIT") found that the appellant had failed to seek clarification with the respondent relating to the reasons the sale was made through the holding company before writing to MITI. There was no show cause letter issued by the respondent by MITI to afford the opportunity to the respondent to state its version against that of the appellant. Further, the appellant was not the proper authority to decide if the export through the respondent's holding company satisfied the requirement of Condition (j) of the pioneer certificate. This fell within the purview of MITI. SCIT was of the view that the appellant exceeded its authority. Held: dismissing the appeal. - September 2016
e-CTIM TECH-DT 79-2016 - LHDNM Technical Guideline - Automatic Double Deduction for R&D Project - September 2016
Garis panduan berkaitan potongan dua kali secara automatik bagi projek penyelidikan dan pembangunan (R&D) (Bahasa Malaysia version) - Technical Guideline (020916) - September 2016
e-CTIM PP 8-2016 - Renewal of Approved GST Tax Agent Licence under S 170 of the GSTA 2014 - Update - September 2016
Interruption on Phone Line System at IRBM Alor Setar Branch, Kedah - LHDNM Media Release (BM version) (300816) - September 2016
Prohibition of Playing Pokemon go at all IRBM Premises - LHDNM Media Release (260816) - September 2016
e-CTIM TECH-DT 78-2016 - Inland Revenue Board of Malaysias Client Charter - August 2016
e-CTIM TECH-DT 77-2016 - PR No.8-2015 on Loans or Advances to Director by a Company (Summary of Contents)