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Section 6

Amendment of section 12

of Finance Act 2018

ActIn forceProvision 6 of 108
Section 6

Section 12 of the principal Act is amended by inserting after subsection (2) the following subsections:

“(3) Notwithstanding subsections (1) and (2), the income of a person from a business that is attributable to a place of business in Malaysia shall be deemed to be the gross income of that person derived from Malaysia from the business.

(4)

For the purpose of subsection (3), a place of business includes —

(a)

a place of management;

(b)

a branch;

(c)

an office;

(d)

a factory;

(e)

a workshop;

(f)

a warehouse;

(g)

a building site, or a construction, an installation or an assembly project;

(h)

a farm or plantation; and

(i)

a mine, an oil or gas well, a quarry or any other place of extraction of natural resources, and without prejudice to the generality of the foregoing, a person shall be deemed to have a place of business in Malaysia if that person—

(i)

carries on supervisory activities in connection with a building or work site, or a construction, an installation or an assembly project; or

Finance 13

(ii)

has another person acting on his behalf who —

(A)

habitually concludes contracts, or habitually plays the principal role leading to the conclusion of contracts that are routinely concluded without material modification;

(B)

habitually maintains a stock of goods or merchandise in that place of business from which such person delivers goods or merchandise; or

(C)

regularly fills orders on his behalf.”.