Malaysia legislation

Section 14

of FINANCE ACT 2023

Section 14

Amendment of section 107d

(a)

by inserting after the words “the payer shall upon paying or crediting such payments” the words “in a calendar month”;

(b)

by inserting after the words “two per cent of the payments on account of tax” the words “for that year of assessment”;

(c)

by deleting the words “for any year of assessment”; and

(d)

by substituting for the words “within thirty days”

the words “not later than the end of the following calendar month”.

Amendment of section 131a

Section 14 — AKTA KEWANGAN 2023 | mylaw.my