TaXavvy Issue 6/2014

Inside this issue:

Recent tax cases

  • "handling and packing" charges are subject to witholding tax
  • feasibility study expenses and warranty expenses are deductible
  • structure built separately from main factory building qualifies for Industrail Building Allowance

Guideline on incentive under the Petroleum (Income Tax) Act 1967 for petroleum upstream sector

Good and Services Tax

TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While 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. PricewaterhouseCoopers Taxation Services 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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