Malaysia legislation
Section 23
Seksyen 23
Pindaan Jadual 1
(a)
dalam Bahagian I—
(i)
dalam perenggan 2A, dalam ruang Rate of income tax dalam butiran 1, dengan menggantikan perkataan
“18 per cent” dengan perkataan “17 per cent”;
(ii)
dalam perenggan 2D, dalam ruang Rate of income tax dalam butiran 1, dengan menggantikan perkataan
“18 per cent” dengan perkataan “17 per cent”;
(iii)
dengan menggantikan perenggan 3 dengan perenggan yang berikut:
“3. Income tax shall be charged for a year of assessment on the chargeable income of an insurer from a re-insurance business at the rate of 8 per cent on every ringgit of the chargeable income.”; dan
Kewangan 27
(iv)
dengan menggantikan perenggan 4 dengan perenggan yang berikut:
“4. Income tax shall be charged for a year of assessment on the chargeable income of a takaful operator from a re-takaful business at the rate of 8 per cent on every ringgit of the chargeable income.”;
(aa) dalam Bahagian V, dengan menggantikan perenggan (ii)
dengan perenggan yang berikut:
“(ii) amounts paid in consideration of any advice given, or assistance or services rendered in connection with the management or administration of any scientific, industrial or commercial undertaking, venture, project or scheme; or”;
(b)
dengan menggantikan Bahagian VIII dengan Bahagian yang berikut:
“PART VIII
Notwithstanding Part I and Part II, income tax shall be charged on the chargeable income of a life fund, other than income arising from life re-insurance business of a resident or non-resident insurer at the rate of .. .. .. 8 per cent.”;
(c)
dalam Bahagian IX, dengan memasukkan selepas perkataan
“10 per cent” perkataan “for the years of assessment 2019
and 2020 and 24 per cent for the subsequent years of assessment”; dan
(d)
dengan menggantikan Bahagian XII dengan Bahagian yang berikut:
“PART XII
Notwithstanding Part I and Part II, income tax shall be charged on the chargeable income of a family fund referred to in section 60AA, other than income arising from a family re-takaful business of a resident or non-resident operator at the rate of .. .. .. .. .. .. ..8 per cent.”.
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Undang-Undang Malaysia
Pindaan Jadual 3