Malaysia legislation
Section 8
Section 8
Section 39 of the principal Act is amended by inserting after subsection (2) the following subsection:
“(3) Paragraphs (1)(f), (i) and (j) shall not apply if for a year of assessment a person is exempt under paragraph 127(3)
(b)
or subsection 127(3a) or the Promotion of Investments Act 1986, in respect of all income of that person from all sources not being exemption on income equal to capital expenditure incurred.”.
Amendment of section 45