Finance Act 1994 · Updated to 1 Jan 2006 · Chapter II · Amendments to the Income Tax Act 1967
Finance Act 1994 · Updated to 1 Jan 2006 · Chapter II · Amendments to the Income Tax Act 1967
Official textFrom Laws of Malaysia Online, unchanged
Subsection 60E(7) of the principal Act is amended²
in the definition of ³approved operational headquarters company´, by substituting for the comma in paragraph
a semicolon;
in the definition of ³approved operational headquarters company´, by deleting the words ³but does not include a company which carries on a finance business or which provides professional services;´; and
in the definition of ³qualifying services´, by substituting for paragraph (b) the following paragraph:
³(b) provision of treasury and fund management services to its offices outside Malaysia or its related companies outside Malaysia and, where such services include the provision of credit facilities, where the funds for providing such facilities are obtained from outside Malaysia; and´.
Chapter III