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J Heng Tax Planners Sdn Bhd

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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

- Guidelines on the Deduction of Broadband Subscription under Section 46(1)(m) of the ITA
- Revised Guidelines on Real Property Gains Tax
- Updated List of Certification Bodies under Section 34(6)(ma) of ITA
- Guidelines on Serious Disease for the purpose of Section 46(1)(g) of Income Tax Act
- 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.

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