A Guide to Malaysian Taxation, Fifth Edition is an all-inclusive book covering every aspect of basic taxation. The foundation of the work is based on the major tax legislation in Malaysia, namely the Income Act 1967, Real Property Gains Tax Act 1976, Sales Tax Act 2018 and Service Tax Act 2018. The book will be invaluable for students pursuing the basic taxation paper in all tertiary institutions in Malaysia. Accounting and law students sitting for the basic Malaysian taxation paper will particularly find this book useful for its worked examples, questions and answers, and clear exposition of the applicable law, thus giving them a firm grasp of the law and its practice. The concluding chapter is devoted to deliberate the Sales Tax and Service Tax (SST) which came into effect on 1 September 2018, repealing the Goods and Services Tax Act 2016.
The book is updated to reflect the latest tax amendments including those arising from the Malaysian Budget 2019, which was announced on 2 November 2018, recently issued income tax exemption orders, public rulings and gazette orders.
Besides students, individual taxpayers, accountants, business consultants, corporate managers and tax lawyers will find this a helpful resource.