Benefit In Kind Malaysia 2018 Public Ruling

2 2004 issued on 17 january 2006.

Benefit in kind malaysia 2018 public ruling. A public ruling is published as a guide for the public and officers of the inland revenue board of malaysia. 5 4 personal rebate subsection 6a 2 of the ita provides that the tax rebate can be claimed by. Director general s public ruling section 138a of the income tax act 1967 ita provides that the director general is empowered to make a public ruling in relation to the application of any provisions of the ita. These benefits in kind are mentioned in paragraphs 4 3 and 4 4 of the public ruling no.

It sets out the interpretation of the director general of inland revenue in respect of the particular tax law and the policy and procedure that are to be applied. 2 2004 issued on 8 november 2004. 13 september 2018 page 3 of 14 b carried forward as a credit to be allowed against the individual s tax liability for subsequent years of assessment. A further clarification on benefits in kind in the form of goods and services offered at discounted prices is explained in the second addendum to the public ruling no.

6 2018 inland revenue board of malaysia date of publication. Director general s public ruling section 138a of the income tax act 1967 ita provides that the director general is empowered to make a public ruling in relation to the application of any provisions of the ita. Inland revenue board of malaysia benefits in kind public ruling no. Value of benefit in kind not convertible into money provided for the.

15 march 2013 pages 1 of 31 1. A ruling is issued for the purpose of providing guidance for the public and officers of the inland revenue board of malaysia. Benefits in kind superceded by the public ruling no. A public ruling is published as a guide for the public and officers of the inland revenue board of malaysia.

3 2013 date of issue. 13 september 2018 page 1 of 36 1. 5 2018 inland revenue board of malaysia date of publication. Public ruling 11 2012 employee share scheme benefit public ruling 12 2012 share scheme benefit for cross border employees public ruling 2 2013 perquisite from employment public ruling 3 2013 benefit in kind public ruling 11 2016 tax borne by employer.

Inland revenue board of malaysia taxation of a resident individual. 19 november 2019 director general s public ruling section 138a of the income tax act 1967 provides that the director general is empowered to make a public ruling in relation to the application of any provisions of the ita.