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The proposed tax deduction on the expenses incurred on the registration of trademarks will only apply to companies which have a paid-up capital in respect of ordinary shares of RM2.5mil and less at the beginning of the taxable period. Details: The company should not be related to a company which has a paid-up capital in [...] If a person apply and commence his or her employment in Iskandar Malaysia between Oct 24,2009 and Dec 31,2015,provided that he or she is qualify as a Malaysian tax resident,his/her employment income will be taxed at the flat rate of 15%. This could be substantially lower compared to the effective tax [...] The following is 2010 Budget Highlights in brief: Malaysian Economy: Malaysia economy to grow 2-3 per cent in 2010 Mining to grow 1.1 per cent,manufacturing sector 1.7 per cent,agriculture 2.5 per cent,construction 3.2 per cent and service 3.6 per cent. Private consumption expand 2.9 per cent while private investment 3.4 per centPer capita [...] Reported in the Star,the following were appointed to Ekuinas which is the newly set up private equity investment institution aimed at promoting effective bumiputra economic participation:-
Ex-PWC executive chairman,Raja Tan Sri Arshad Raja Tun Uda as chairman Media Prima Bhd outgoing group [...] For those who are involved with corporate restructuring and other,it is noteworthy to note that our Malaysian Foreign Investment Committee(FIC) which was previously in charge of ensuring the 30% bumiputra quota shareholding requirement in listed companies and property transfer,etc has been officially disbanded on 30 th June 2009. This was announced by our Prime [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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