Malaysia legislation
Section 10
Section 10
Amendment of section 39
(a)
by deleting the word “or” at the end of paragraph (m);
(b)
by substituting for the full stop at the end of paragraph (n)
a semicolon; and
Act 773
(c)
by inserting after paragraph (n) the following paragraphs:
“(o) any amount paid or to be paid in respect of goods and services tax as input tax by the person if he is liable to be registered under the Goods and
Services Tax Act 2014 and has failed to do so, or if he is entitled under that Act to credit that amount as input tax;
(p)
any amount of output tax paid or to be paid under the Goods and Services Tax Act 2014 which is borne by the person if he is registered or liable to be registered under that Act; or
(q)
any remuneration or other income in respect of services performed or rendered in Malaysia by a public entertainer from which tax is deductible under section 109a, if tax has not been deducted therefrom and paid to the Director General in accordance with that section:
Provided that—
(i)
this paragraph shall not apply if the payer has paid the amount of tax and the increased sum due from him to the Government in accordance with subsection 109(2); and
(ii)
where such amount of tax and the increased sum are paid after the due date for the furnishing of a return for a year of assessment that relates to such tax and the increased sum, the amount of tax and the increased sum so paid shall not prejudice the imposition of penalty under subsection 113(2) if a deduction on such payment is made in such return or is claimed in the information given to the Director General in arriving at the adjusted income of the payer.”.
Finance 13
Amendment of section 45a