Tax News Round-up June 2011

- LHDN eyes RM97 billion in taxes this year.- Technical Guideline for Tax Treatment on Interest Income for Pawnbroking Industry

http://www.hasil.gov.my/pdf/pdfam/GarisPanduanIndustriPajakGadai.pdf

- Guidelines on the Deduction of Broadband Subscription under Section 46(1)(m) of the ITA

http://www.hasil.gov.my/pdf/pdfam/JALURLEBAR.pdf

- Revised Guidelines on Real Property Gains Tax

http://www.hasil.gov.my/pdf/pdfam/GarisPanduanCKHT.pdf

- Updated List of Certification Bodies under Section 34(6)(ma) of ITA

http://www.hasil.gov.my/pdf/pdfam/SENARAIAKREDITASI140622011.pdf

- Guidelines on Serious Disease for the purpose of Section 46(1)(g) of Income Tax Act

http://www.hasil.gov.my/pdf/pdfam/PENYAKITSERIUS.pdf

- IRB will redouble publicity efforts the use of forms TP1 and TP2 for the purpose of Schedular Tax Deduction (STD) calculation.
- Deadline to submit December 2010 tax return form C and R is 31 July 2011.