PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) 2024

“Pihak Berkuasa Wilayah Pembangunan Iskandar” ertinya Pihak Berkuasa yang ditubuhkan di bawah Akta Pihak Berkuasa Wilayah Pembangunan Iskandar 2007

[Akta 664];

“syarikat berstatus IDR” ertinya suatu syarikat sebagaimana yang diperuntukkan di bawah perenggan 3;

“Wilayah Pembangunan Iskandar” mempunyai erti yang sama yang diberikan kepadanya dalam Akta Pihak Berkuasa Wilayah Pembangunan Iskandar 2007.

P.U. (A) 37 3

Aktiviti yang layak yang disebut dalam Perintah ini ialah suatu aktiviti sebagaimana yang dinyatakan dalam ruang (3) Jadual berhubung dengan sektor sebagaimana yang dinyatakan dalam ruang (2) Jadual yang—

Jadual 3 kepada Akta walaupun tiada tuntutan bagi elaun itu telah dibuat.

(2)

Jika suatu bangunan, jentera atau loji digunakan bagi maksud suatu aktiviti yang layak juga digunakan bagi maksud suatu aktiviti selain aktiviti yang layak itu, maka amaun elaun yang boleh diberikan di bawah Jadual 3 kepada Akta hendaklah dipotong sebagaimana munasabah dengan mengambil kira setakat yang bangunan, jentera atau loji itu digunakan bagi maksud aktiviti yang layak itu.

P.U. (A) 37 6

(3)

Jika pengecualian diberikan kepada syarikat berstatus IDR di bawah subperenggan 6(1) bagi suatu tahun taksiran, suatu amaun yang bersamaan dengan amaun elaun yang disebut dalam subperenggan 6(1) hendaklah dikecualikan daripada cukai bagi tahun taksiran itu.

(4)

Jika, oleh sebab ketiadaan atau ketidakcukupan pendapatan berkanun, pengecualian tidak boleh diberikan atau tidak boleh diberikan sepenuhnya sebagaimana yang syarikat berstatus IDR itu berhak di bawah subperenggan 6(1)

bagi tahun taksiran itu, maka sekian banyak daripada amaun yang tidak boleh dikecualikan bagi tahun taksiran itu hendaklah disifatkan sebagai perbelanjaan modal yang layak yang dilakukan bagi maksud subperenggan 6(1)

bagi tahun taksiran pertama yang berikutnya bagi tempoh asas yang syarikat berstatus IDR itu mempunyai pendapatan berkanun daripada aktiviti yang layak itu, dan demikianlah seterusnya bagi tahun taksiran yang berikutnya sehinggalah semua amaun yang ia berhak sedemikian dikecualikan.

Pelupusan bangunan, jentera atau loji dalam tempoh dua tahun 8.

Jika perbelanjaan modal yang layak dilakukan oleh suatu syarikat berstatus IDR ke atas bangunan, jentera atau loji yang digunakan bagi maksud suatu aktiviti yang layak dan bangunan, jentera atau loji itu dilupuskan pada bila-bila masa dalam tempoh dua tahun dari tarikh perolehan bangunan, jentera atau loji itu, pengecualian yang diberikan berkenaan dengan amaun pendapatan berkanun yang bersamaan dengan amaun elaun bagi perbelanjaan modal yang layak itu hendaklah ditarik balik dalam tempoh asas bagi tahun taksiran yang bangunan, jentera atau loji itu dilupuskan.

Penentuan perbelanjaan modal yang layak bagi bangunan, jentera atau loji yang dilupuskan kepada syarikat berkaitan 9.

(1)

Jika syarikat berstatus IDR melupuskan kepada syarikat berkaitannya apa-apa bangunan, jentera atau loji yang berkenaan dengannya pengecualian dimohon oleh syarikat berstatus IDR itu di bawah Perintah ini, amaun perbelanjaan modal yang layak yang dilakukan oleh syarikat berkaitan itu hendaklah disifatkan sebagai suatu jumlah yang bersamaan dengan sifar.

P.U. (A) 37 7

(2)

Bagi maksud perenggan ini, “syarikat berkaitan” mempunyai erti yang sama yang diberikan kepadanya dalam subseksyen 2(1) Akta Penggalakan

Pelaburan 1986 [Akta 327].

Penarikan balik pengecualian 10.

(1)

Menteri boleh menarik balik pengecualian yang diberikan di bawah subperenggan 6(1) sekiranya syarikat berstatus IDR gagal mematuhi mana-mana syarat yang dikenakan berhubung dengan pengecualian itu yang disebut dalam subperenggan 6(3).

(2)

Jika pengecualian ditarik balik mengikut subperenggan

(a)

dari tarikh pengecualian itu mula berkuat kuasa; atau

(b)

dari suatu tarikh selepas tarikh pengecualian itu mula berkuat kuasa sebagaimana yang ditentukan oleh Menteri.

Punca berasingan dan akaun berasingan 11.

(1)

Jika syarikat berstatus IDR menjalankan suatu aktiviti yang layak dan aktiviti selain aktiviti yang layak, setiap aktiviti itu hendaklah dikira sebagai suatu punca aktiviti berasingan dan berlainan bagi syarikat berstatus IDR itu.

(2)

Syarikat berstatus IDR yang diberikan pengecualian di bawah subperenggan 6(1) hendaklah menyenggara suatu akaun berasingan bagi pendapatan yang diperoleh daripada setiap aktiviti yang disebut dalam subperenggan (1).

P.U. (A) 37 8

Ketidakpakaian 12.

Perintah ini tidak terpakai bagi suatu syarikat berstatus IDR yang dalam tempoh asas bagi suatu tahun taksiran—

(a)

telah terlibat dalam suatu aktiviti yang layak sebelum tarikh permohonan diterima oleh Menteri di bawah subperenggan 6(2);

(b)

telah membuat suatu tuntutan bagi elaun pelaburan semula di bawah

Jadual 7A kepada Akta atau elaun pelaburan bagi sektor perkhidmatan di bawah Jadual 7B kepada Akta;

(c)

telah diberikan apa-apa insentif di bawah

Akta

Penggalakan

Pelaburan 1986 berkenaan dengan aktiviti yang layak yang sama;

(d)

telah diberikan pengecualian di bawah perenggan 127(3)(b)

atau subseksyen 127(3A) Akta berkenaan dengan aktiviti yang layak yang sama; atau

(e)

telah membuat suatu tuntutan bagi suatu potongan di bawah mana-mana kaedah-kaedah yang dibuat di bawah seksyen 154 Akta kecuali—

(i)

kaedah-kaedah berhubung dengan elaun di bawah Jadual 3

kepada Akta;

(ii)

Kaedah-Kaedah Cukai Pendapatan (Potongan bagi Perbelanjaan

Audit) 2006 [P.U. (A) 129/2006];

(iii)

Kaedah-Kaedah Cukai Pendapatan (Potongan bagi Perbelanjaan berhubung dengan Yuran Kesetiausahaan dan Yuran Pemfailan

Cukai) 2014 [P.U. (A) 336/2014]; atau

(iv)

Kaedah-Kaedah Cukai Pendapatan (Potongan bagi Perbelanjaan berhubung dengan Yuran Kesetiausahaan dan Yuran Pemfailan

Cukai) 2020 [P.U. (A) 162/2020].

P.U. (A) 37 9

JADUAL

[Perenggan 4 dan 5]

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak 1.

Industri kreatif dan perkhidmatan berkaitan

(i)

praproduksi;

(i)

ciptaan kandungan;

Pembinaan atau pembelian bangunan, jentera atau loji

P.U. (A) 37 10

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak

(e)

pengiklanan dan penjanaan kandungan dalam talian dan mudah alih;

(f)

pengagregatan dan pemudah cara kandungan dalam talian dan mudah alih;

(g)

penyelidikan dan pembangunan kreatif;

(h)

pengedaran dan pemasaran kandungan kreatif;

(i)

perkhidmatan media dan kandungan bersepadu; dan

(j)

seni visual dan persembahan

2.

Perkhidmatan pendidikan

Pembinaan atau pembelian bangunan, jentera atau loji

P.U. (A) 37 11

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak

3.

Penjagaan kesihatan dan perkhidmatan berkaitan

(perubatan tradisional dan komplementari);

Pembinaan atau pembelian bangunan, jentera atau loji

4.

Perkhidmatan logistik

Pembinaan atau pembelian bangunan, jentera atau loji

P.U. (A) 37 12

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak

5.

Pelancongan

(a)

hotel;

(b)

taman tema, pusat hiburan dan hiburan keluarga dan pusat kebudayaan;

(c)

pusat persidangan dan pusat pameran; dan

(d)

perkhidmatan operasi serantau hotel dan riadah

(b)

penanaman pokok dan tumbuh-tumbuhan;

(c)

pembinaan jalan dan kemudahan infrastruktur lain dalam kawasan projek pelancongan;

P.U. (A) 37 13

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak

(f)

pembinaan atau pembelian bangunan

(termasuk yang disediakan bagi tujuan kebajikan pekerja atau sebagai tempat tinggal pekerja); dan

6.

Perkhidmatan perniagaan sedunia

Pembinaan atau pembelian bangunan, jentera atau loji

P.U. (A) 37 14

(1)

(2)

Sektor

(3)

Aktiviti yang layak

(4)

Perbelanjaan modal yang layak

7.

Perniagaan dan perkhidmatan digital

Teknologi digital memuncul

Pembinaan atau pembelian bangunan, jentera atau loji

Dibuat 23 Januari 2024

[MOF.TAX(S)700-2/7/760/3; LHDN.AY.A.600-12/1/7/(29)-215; PN(PU2)80/JLD.111]

DATUK SERI AMIR HAMZAH AZIZAN

Menteri Kewangan Kedua

[Akan dibentangkan di hadapan Dewan Rakyat menurut subseksyen 127(4)

Akta Cukai Pendapatan 1967]

P.U. (A) 37 15

INCOME TAX ACT 1967

INCOME TAX (EXEMPTION) ORDER 2024

IN exercise of the powers conferred by paragraph 127(3)(b) of the Income Tax Act 1967

[Act 53], the Minister makes the following order:

Citation and commencement 1.

(1)

This order may be cited as the

Income Tax (Exemption)

Order 2024.

(2)

Except for subitem 3(e) and items 6 and 7 of the Schedule, this Order is deemed to have come into operation on 24 October 2013.

(3)

Subitem 3(e) and item 7 of the Schedule are deemed to have come into operation on 1 January 2021.

(4)

Item 6 of the Schedule is deemed to have come into operation on 1 November 2016.

Interpretation 2.

In this Order—

“Iskandar Regional Development Authority” means the Authority established under the Iskandar Regional Development Authority Act 2007 [Act 664];

“IDR status company” means a company as provided under paragraph 3;

“Iskandar Development Region” has the same meaning assigned to it in the Iskandar Regional Development Authority Act 2007.

P.U. (A) 37 16

IDR status company 3.

(1)

The IDR status company referred to in this Order is a company which—

(a)

is incorporated under the Companies Act 2016 [Act 777];

(b)

is resident in Malaysia;

(c)

undertakes a qualifying activity in an approved node; and

(d)

approved by the Minister.

(2)

For the purposes of this Order, “approved node” means an area within the Iskandar Development Region as approved by the Iskandar Regional Development

Authority.

Qualifying activity 4.

The qualifying activity referred to in this Order is an activity as specified in column (3) of the Schedule in relation to the sector as specified in column (2)

of the Schedule which is—

(a)

approved by the Minister; and

(b)

carried on in an approved node on or after 24 October 2013

but not later than 31 December 2024.

Qualifying capital expenditure 5.

(1)

Subject to subparagraph (2), a qualifying capital expenditure referred to in this Order is a capital expenditure as specified in column (4) of the Schedule incurred by an IDR status company in relation to a building, machinery or plant used in an approved node solely for the purpose of carrying on a qualifying activity.

P.U. (A) 37 17

(2)

Unless otherwise stated in the Schedule, the qualifying capital expenditure referred to in subparagraph (1) shall not include capital expenditure incurred on—

(a)

any building which is used as living accommodation; or

(b)

any machinery or plant which is provided wholly or partly for the use of a director or an individual who is a member of the management or administration, or clerical staff, of that

IDR status company.

Exemption 6.

(1)

The Minister exempts an IDR status company in the basis period for a year of assessment from the payment of income tax in respect of statutory income derived from the qualifying activity which is equivalent to the amount of allowance of one hundred per cent of the qualifying capital expenditure incurred by the IDR status company in the basis period for that year of assessment.

(2)

An IDR status company may apply for an exemption under subparagraph (1) if—

(a)

an application in writing is made by the IDR status company and the application is received by the Minister through the

Iskandar

Regional

Development

Authority on or after 24 October 2013 but not later than 31 December 2024; and

(b)

the IDR status company complies with all the conditions in relation to the application imposed by the Minister.

(3)

An exemption granted under subparagraph (1) pursuant to the application under subparagraph (2) is subject to the IDR status company complying with all the conditions imposed by the Minister in relation to the exemption as specified in the approval letter.

P.U. (A) 37 18

(4)

The exemption granted under subparagraph (1) shall be for a period of five consecutive years commencing from the date of the first qualifying capital expenditure incurred by the IDR status company as determined by the Iskandar Regional

Development Authority.

(5)

The date of the first qualifying capital expenditure incurred by the IDR status company shall not be earlier than three years before the date of the application for exemption is received by the Minister and shall not be earlier than 24 October 2013.

(6)

Nothing in subparagraph (1) shall absolve or be deemed to have absolved the IDR status company from complying with any requirement to submit any return or statement of accounts or to furnish any other information under the Act.

Statutory income 7.

(1)

Subject to subparagraph (2), the statutory income referred to in subparagraph 6(1) in the basis period for each year of assessment shall be determined after deducting the allowance which fall to be made under Schedule 3

to the Act notwithstanding that no claim for such allowance has been made.

(2)

Where a building, machinery or plant is used for the purposes of a qualifying activity is also used for the purposes of an activity other than the qualifying activity, then the amount of the allowance which fall to be made under

Schedule 3 to the Act shall be deducted as is reasonable having regard to the extent to which the building, machinery or plant is used for the purposes of the qualifying activity.

(3)

Where an exemption is given to an IDR status company under subparagraph 6(1) for a year of assessment, an amount equal to the amount of allowance referred to in subparagraph 6(1) shall be exempted from tax for that year of assessment.

P.U. (A) 37 19

(4)

Where, by reason of the absence or insufficiency of the statutory income, exemption cannot be granted or cannot be granted in full as the IDR status company is entitled under subparagraph 6(1) for that year of assessment, then so much of the amount as cannot be exempt for that year of assessment shall be deemed to be a qualifying capital expenditure incurred for the purposes of subparagraph 6(1)

for the first subsequent year of assessment for the basis period for which the IDR status company has statutory income from the qualifying activity, and so on for subsequent years of assessment until such amount to which it is so entitled is exempted.

Disposal of building, machinery or plant within two years 8.

Where a qualifying capital expenditure is incurred by an IDR status company on a building, machinery or plant used for the purposes of a qualifying activity and such building, machinery or plant is disposed of at any time within the period of two years from the date of acquisition of the building, machinery or plant, the exemption granted in respect of the amount of statutory income which is equal to the amount of allowance for such qualifying capital expenditure shall be withdrawn in the basis period for the year of assessment in which the building, machinery or plant is disposed of.

Determination of qualifying capital expenditure for building, machinery or plant disposed to related company 9.

(1)

Where the IDR status company disposes to its related company any building, machinery or plant in respect of which an exemption is applied by the IDR status company under this Order, the amount of the qualifying capital expenditure incurred by the related company shall be deemed to be a sum equal to zero.

(2)

For the purposes of this paragraph, “related company” has the same meaning assigned to it in subsection 2(1) of the Promotion of Investments Act 1986

[Act 327].

P.U. (A) 37 20

Withdrawal of exemption 10.

(1)

The

Minister may withdraw the exemption granted under subparagraph 6(1) if the IDR status company fails to comply with any condition imposed in relation to the exemption referred to in subparagraph 6(3).

(2)

Where the exemption is withdrawn in accordance with subparagraph (1), the exemption granted in respect of any amount of statutory income under subparagraph 6(1) shall be deemed to have not been granted to the

IDR status company—

(a)

from the date the exemption comes into effect; or

(b)

from a date after the date the exemption comes into effect as determined by the Minister.

Separate source and separate account 11.

(1)

Where an IDR status company carries on a qualifying activity and activity other than the qualifying activity, each activity shall be treated as a separate and distinct source of activity for the IDR status company.

(2)

The IDR status company which is granted an exemption under subparagraph 6(1) shall maintain a separate account for the income derived from each activity referred to in subparagraph (1).

Non-application 12.

This Order shall not apply to an IDR status company which in the basis period for a year of assessment—

(a)

has engaged in a qualifying activity prior to the date the application is received by the Minister under subparagraph 6(2);

P.U. (A) 37 21

(b)

has made a claim for reinvestment allowance under Schedule 7A to the Act or investment allowance for service sector under Schedule 7B to the Act;

(c)

has been granted any incentive under the Promotion of Investments

Act 1986 in respect of the same qualifying activity;

(d)

has been granted an exemption under paragraph 127(3)(b) or subsection 127(3A) of the Act in respect of the same qualifying activity; or

(e)

has made a claim for a deduction under any rules made under section 154

of the Act except—

(i)

the rules in relation to allowance under Schedule 3 to the Act;

(ii)

the Income Tax (Deduction for Audit Expenditure) Rules 2006

[P.U. (A) 129/2006];

(iii)

the Income Tax (Deduction for Expenses in relation to Secretarial

Fee and Tax Filing Fee) Rules 2014 [P.U. (A) 336/2014]; or

(iv)

the Income Tax (Deduction for Expenses in relation to Secretarial

Fee and Tax Filing Fee) Rules 2020 [P.U. (A) 162/2020].

P.U. (A) 37 22

[Paragraphs 4 and 5]

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure

1.

Creative industries and related services

(i)

pre-production;

and

(i)

content creation;

and

Construction or purchase of building, machinery or plant

P.U. (A) 37 23

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure

(f)

online and mobile content aggregation and enablers;

(i)

integrated media and content services; and

(j)

visual and performing arts

2.

Educational services

(a)

universities;

(b)

colleges;

(c)

skills training institutions;

Construction or purchase of building, machinery or plant

P.U. (A) 37 24

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure

(d)

research and development institutions;

and

(e)

regional training centres

3.

Healthcare and related services

(traditional and complementary medicine) centres;

(c)

healthcare research and development;

(e)

wellness and assisted living

Construction or purchase of building, machinery or plant 4.

Logistics services

Construction or purchase of building, machinery or plant

P.U. (A) 37 25

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure

5.

Tourism

(f)

construction or purchase of buildings

(including those provided for the purposes of

P.U. (A) 37 26

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure welfare of employees or as living accommodation for employees);

and

6.

Global business services

(c)

knowledge process outsourcing

Construction or purchase of building, machinery or plant

P.U. (A) 37 27

(1)

(2)

Sector

(3)

Qualifying activity

(4)

Qualifying capital expenditure

7.

Digital business and services

Emerging digital technologies

Construction or purchase of building, machinery or plant

Made 23 January 2024

[MOF.TAX(S)700-2/7/760/3; LHDN.AY.A.600-12/1/7/(29)-215; PN(PU2)80/JLD.111]

DATUK SERI AMIR HAMZAH AZIZAN

Second Minister of Finance

[To be laid before the

Dewan

Rakyat pursuant to subsection 127(4)

of the Income Tax Act 1967]