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TaXavvy Issue 31/2020
In this issue:
Special deduction for taxpayers on rental reduction offered to Small and Medium Enterprises tenants - updated FAQs
Following the Ministry of Finance’s (MOF) Frequently Asked Questions (FAQs) on special deduction for taxpayers on rental reduction offered to Small and Medium Enterprises (SMEs) tenants (previously covered in TaXavvy 23/2020), the Inland Revenue Board (IRB) has on 25 April 2020, issued an updated FAQ on this.
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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