Beruflich Dokumente
Kultur Dokumente
Business income
Profit before tax
(-) Other income (income not falling under S4(a)
(+) Non allowable deductions
1. Expenses that are not incurred
~ general provision for bad & doubtful debts
~ provision for gratuity/retirement benefits
~ provision for warranty cost, stock obsolescence
~ depreciation
~ amortisation for renovation of premises, lease amortisation
~ unrealized exchange loss in relation to acquisitionof raw materials
~ provision for repair and maintenance
~ preliminary expenses written off
2. Capital expenditure
~ cost of printing & distribution of annual reports
~ stamp duty & secretarial fees for increased share capital
~ stock listing expenses
~ pre-commencement business expenses
~ entrace fees to club
~ legal & profesional fees relating to violation of laws, capital structure of company,
acquisition of loan @ assets
~ donation ( samada approved @ not)
~ lump sum payment for early termination of lease
~ loan written off in relation to that employees @ suppliers
~ fine imposed for violation of law
~ penalty on WT
~ foreign exchange gain/loss on acquisition of PPE, repayment of foreign loan
~ registration of trademark
~ fees of designing comp. logo
~ compensation to competitor to restrict competition/covenant
~ loss on disposal of long term investment
4. Research expenditure
~ approved research projects undertaken by a comp. either in house @ contracted to
external research comp. @instituition.
~ the comp. participating in industrial adjustment approved s13A - expenses incurred
10 years
~ expenses incurred by companies for the use of facilities & services provided by app
research comp. @ institution, @ reseach development comp. @ a contract research
comp./institution
~ contribution in cash to approved research comp./institution
~ approved research expenditure by the Mininster
8. insurance premium paid for export cargo insured with local insurance comp
~ insurance comp. incorporated in Malaysia
13. freight charges incurred for the export of rattan & wood based products
~ the person claiming must engaged in manufacture of rattan & woods based produ
14. ship freight charges for shipping goods from Sabah & Sarawak to Peninsul
~ incurred by manufacturer & used ports in Peninsular Mas
2. RosettaNet
~ 60% Malaysian owned
~ Rossanet Malaysia Berhad
~ Cost of new computer, hardware n software & networking device
~ cost of new office equipment
~ basic salary of employees not more than 3 years
~ basic salary of employees on secondment from a qualifying comp. to a local
manufacturer for a period 2-6 months
~ cost relating to - fees
- travelling expenses
- accomodation of trainers
- rental of facilities
for the provision of training to the employees of a local manufacturer (x) > RM100,000
~ verified by SMIDEC
~ Qualifying comp. member of Rosetta Net Malaysia Berhad
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