Although income tax is a direct tax, in certain circumstances the payer has the responsibility to withhold the tax (ITA 1967) when making payment to the non-residents.
DurationAlthough income tax is a direct tax, in certain circumstances the payer has the responsibility to withhold the tax (ITA 1967) when making payment to the non-residents. Failure to do so, the payer will suffer penalties and be prohibited from claiming a tax deduction against his own income for the payment to the other party.
The scope of these withholding taxes is ever-evolving – both at the domestic level and international level. Ignorance is no excuse and it is imperative for any person managing the day-to-day payments and accounts of a business to understand their obligations under the withholding tax provisions, and the cost of non-compliance.
An HRDF Malaysia Registered Training Provider, HR ACT has impacted the SME, local conglomerates and MNCs through innovative training and consulting solutions since 2013.
Gaining knowledge of what revenue is taxable, what expenses in deductible from the taxable revenue in, how does withholding tax works and what capital and balancing allowance and charge are, is always important in the business operation planning.
Sales & Service Tax training is offered by Ultra Vision Training. Ultra Vision is a dynamic Training & Consultancy firm providing quality, flexible, innovative, and customized training solutions to our valued customers.
Taxation course is offered by JTS Trainings. JTS Trainings is one of the leading training and consultancy companies dedicated to providing quality training to boost a feeling of value in employees.
GST training is offered by Iverson Upskilling. We focus on providing high-quality tailor-made soft skills training to corporate customers, helping them to meet their learning needs and achieve their training objectives.
Goods & Service Tax Implementation in Malaysia training is offered by De Chanla Global Sdn Bhd. Professionalism, integrity, consistency, and reliability are the advantages of using  De Chanla's team members. Our vision is to be the preferred training & consultation partner to our clients.
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