Advanced Malaysian Taxation – Principles and Practice (18 th edition, 2017) covers a wide spectrum of advanced taxation matters and provides practical guidance in understanding the application of the Income Tax Act together with the periodic IRB public rulings, annual budget proposals, Finance Acts, judicial interpretation and court case precedents.
Contentious issues are carefully examined and explained. Three new chapters have been added and two others completely rewritten. Furthermore, this 18 th edition keeps tax practitioners updated and abreast on the latest changes and developments in the taxation landscape. It covers a total of 61 topics with 60 flowcharts and 340 examples being provided. It incorporates the Finance Act 2017, public rulings made by the Inland Revenue Board (IRB) in 2016 and leading tax cases decided by the courts in the same year.
Topics covered include:
Business receipt and deduction
Real property company
Transfer pricing and advance ruling
Tax investigation and tax audit
Investment holding company
Trust, settlement and executor
Tax planning and restructuring
Limited liability partnership (LLP)
Double taxation agreement
This is a must-have, ever handy and reliable reference text for tax practitioners who have the best interests of their clients at heart.