PwC Alert (Issue 81): Other gains & profits under Section 4(f) - The new withholding tax requirements

Alert 81
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Issue 81: October 2009

Section 4(f) is not new and has always been part of the charging section, namely Section 4. An amendment was introduced in the 2009 Budget to provide for the collection of withholding tax on income of non-residents falling under Section 4(f).

This widened collection net was accomplished through the insertion of Section 109F into the ITA relating to the derivation of income under Section 4(f), a mechanism to withhold tax at the rate of 10%. These changes are effective from 1 January 2009 and apply to payments made to non-residents on or after that date.

Read PwC Alert issue 81 for more on the new withholding tax requirements.
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.