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Tuesday, 11 October 2011
Tax News Round-up Sept 2011
Tax News Round-up Sept 2011
- Budget 2012 to be tabled on 7 October 2011
- Public Ruling 7/2011 - Notification Of Change In Accounting Period Of A Company / Trust Body / Co-Operative Society
- GST Industry Guide on Relief on Second-Hand Goods (Margin Scheme) (Draft)
- BNM is seeking inuts from property developers on increasing real property gains tax (RPGT) to curb speculations. Read more: BNM seeking inputs on property gains tax http://www.btimes.com.my/articles/camolg-2/Article/#ixzz1ZUXapNao
- Telcos to defer collection of 6% government service tax from prepaid users.
- The Inland Revenue Board will impose a 20% to 35% penalty for late or non submission of annual tax returns. http://www.hasil.gov.my/pdf/pdfam/PengenaanPenalti112_3.pdf
- Deadline to submit March 2011 tax return form C and R is 31 October 2011.
Tax News Round-up August 2011
Tax News Round-up August 2011
- Budget 2012 to be tabled on 7 October 2011
- GST Guides for public comments Industry Guides -
- Auctioneer
- Specific Guides – Transfer of Business as a Going Concern (TOGC)
- Designated Areas
- GST Portal (http://www.gst.customs.gov.
my/portal/page/portal/MYGSET) - Deadline to submit February 2011 tax return form C and R is 30 September 2011.
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