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Download Issue 68 (229 KB)
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Issue 68 : September 2007
Not all business related expenses are tax deductible, and among the most commonly incurred business expenses that are often treated as non-allowable expenses are costs incurred in connection with borrowing funds for use in a business. Issue 68 discusses the issues relating to the deductibility of borrowing costs, and focuses on costs other than interest charges on borrowed funds.
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PwC Alert is a digest of topical financial and business information for clients and business associates of PwC Malaysia. Whilst every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PwC Associates Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
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