Chapter 1 Tax

7/17/2019 Chapter 1 Tax

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CHAPTER 1:

INTRODUCTION TOMALAYSIAN TAXATION

1ATXB213 MALAYSIAN TAXATION I



LEARNING OBJECTIVE

Explain the defnition otaxation

Understand history andbackground o taxation

Source o! M"#"$%"& T"'"(%o&L")

Identiy types o taxes

T"' A*o%+"&ce "&+ T"' E*"%o&




DE,INITION O, TAXATION

Oxord dictionary:Co&(r%-u(%o& #e*%e+ o& .ero&/ .ro.er($/ or -u%&e !or (0e

u..or( o! o*(

Law cases:A co.u#or$ e'"c(%o& o! o&e$ -$ " .u-#%c "u(0or%($ !or .u-#%c

.ur.oe e&!orce"-#e -$ #") 4Matthews v The Chicory MarketingBoard, 19385

R"%%& o&e$ !or (0e .ur.oe o! o*( -$ e"& o!co&(r%-u(%o& !ro %&+%*%+u"# .ero& 4R v Barger, 19085

IRB ax guide

I "& "ou&( o! o&e$ )0%c0 % ("6e& !ro $our e"r&%& (o0e#. (o)"r+ oe o! (0e co( o! er*%ce )e rece%*e+ %& (0%

cou&(r$




BAC7GROUND O, TAXATION

I&coe T"' Or+%&"&ce 189 )%(0e;ec( !ro 1 J"&u"r$ 189<

Re.#"ce+ -$ I&coe T"' Ac( 18=)%(0 e;ec( !ro 1 J"&u"r$ 18=<




SOURCES O, MALAYSIAN TAXATION

LA>

T0ere "re ! sources o! re*e&ue #") %& (0eM"#"$%"& co&(e'( "&+ (0e$ "re:S("(u(e #") 4re!erre+ (o " (0e #e%#"(%o&

C"e L") 4?u+e "+e #")5Pr"c(%ce o! (0e M"#"$%"& I&#"&+ Re*e&ue Bo"r+

4IRB5

I.#ee&("(%o& o! T"' L"):IRB % re.o&%-#e !or "## .o#%c%e re#"(%& (o

+%rec( ("'e "&+ "+%&%(er )0%c0 "re I&coe T"'/ Pe(ro#eu I&coe T"'/ Re"# Pro.er($ G"%&

T"' "&+ S(". Du($ @ATXB213 MALAYSIAN TAXATION I



CHARACTERISTICS O, TAXATION

Co.u#or$ ."$e&(R"%e+ !or o*er&e&( .ur.oe T0e e'"c(%o& +o &o( co&(%(u(e ."$e&(

!or er*%ce re&+ere+ T0e ."$e&( "re &o( .e&"#(%e T0e e'"c(%o& "re &o( "r-%(r"r$E&!orce+ u&+er "&$ )r%((e& #") T0e e'"c(%o& 0ou#+ &o( -e %&co&(e("-#eNo .ec%c r%0( % (r"&!erre+

=ATXB213 MALAYSIAN TAXATION I



PURPOSE O, TAXATION

Re"enueE&ur%& ("-#e ro)(0 %& re*e&ue (o &"&ce

(0e "&&u"# -u+e(

#rowth

Pro*%+%& %&ce&(%*e )%(0%& (0e ("' $(e (o.roo(e ro)(0/ e.ec%"##$ %& (0e .r%*"(e

ec(or

ATXB213 MALAYSIAN TAXATION I



TYPES O, TAXES INMALAYSIA

$irect taxesP"%+ +%rec(#$ -$ (0oe o& )0o %( % #e*%e+

E'".#e o! +%rec( ("' : I&coe T"'/ RPGT/

S(". Du($ "&+ Pe(ro#eu I&coe T"'

Indirect taxesCo##ec(e+ *%" (0%r+ ."r($

E'".#e o! %&+%rec( ("' : S"#e T"'/ Ser*%ce T"'"&+ GST

<ATXB213 MALAYSIAN TAXATION I



CHARACTERISTIC O,INCOME

Reu#"r%($

I&coe +%(%&u%0e+ !ro "*%&

I&coe u( -e rece%*e+

Cu(o"r$ rece%.( "re %&coe

I##e"#%($ % o! &o re#e*"&ce (o "e"-%#%($

S.ecu#"(%o& % &o( %&coeRe)"r+ !or er*%ce

G%!( % &o( "& %&coe




CLASS O, INCOME

%ection & o I' ()*+Sec 94"5: "%& or .ro( !ro " -u%&e

Sec 94-5: "%& or .ro( !ro e.#o$e&(

Sec 94c5: +%*%+e&+/ %&(ere( or +%cou&(Sec 94+5: re&(/ ro$"#(%e or .re%u

Sec 94e5: Pe&%o&/ "&&u%(%e or o(0er .er%o+%c"#."$e&(

Sec 94!5: "%& or .ro(




CHARGEABLE INCOME

Gro I&coe

A+?u(e+ I&coe

S("(u(or$ I&coe

Are"(e I&coe

To("# I&coe

• Sec @ o! ITA 18=

C0"re"-#eI&coe




TAX RATES

Resident indi"idual tax rates ,pg (+-(./

ax Rebates ,pg ()/




TAX AVOIDANCE AND TAX EVASION

ax a"oidance "re u..or(e+ -$ coerc%"#u-("&ce/ o(%*"(e+ -$ coerc%"# *%"-%#%($"&+ o( %.or("&(#$ "re )%(0%& (0e

?ur%+%c(%o& o! (0e Ac(

ax e"asion o& (0e o(0er 0"&+ %&*o#*e (0ee.#o$e&( o! "r(%c%"# or c(%(%ou

(r"&"c(%o& uc0 " %&"(%& (0e e'.e&ec#"%e+/ .u((%& %& .0"&(o e.#o$ee !or"#"r$ +e+uc(%o&/ u&+er re.or(%& c"0 "#e)%(0 (0e o#e %&(e&(%o& (o ."$ #e ("'




THAN7 YOU

A


Chapter 1 Tax

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