Is PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 still in force?

Yes — PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 is currently in force.

How many sections does PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 have?

PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 contains 6 sections.

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PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018

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Type: P.U. (A)
Status: In force
Enacted: 2018
Sections: 6

Quick answer

About this p.u. (a)

PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 is Malaysia P.U. (A), cited as P.U. (A) 356 2018, currently marked in force and first recorded in 2018.

Opening note

Preamble

PADA menjalankan kuasa yang diberikan oleh perenggan 127(3)(b) Akta Cukai Pendapatan 1967 [Akta 53], Menteri membuat perintah yang berikut: Nama dan permulaan kuat kuasa

Seksyen 1

(1)

Perintah ini bolehlah dinamakan

Perintah

Cukai

Pendapatan

(Pengecualian) (No. 5) 2018.

(2)

Perintah ini mula berkuat kuasa mulai tahun taksiran 2018 hingga tahun taksiran 2020.

Tafsiran

Seksyen 2

Dalam Perintah ini,—

“Suruhanjaya Sekuriti Malaysia” ertinya Suruhanjaya Sekuriti Malaysia yang ditubuhkan di bawah Akta Suruhanjaya Sekuriti Malaysia 1993 [Akta 498];

“syarikat” ertinya suatu syarikat pengurusan dana yang—

(a)

bermastautin di Malaysia;

(b)

diperbadankan di bawah Akta Syarikat 2016 [Akta 777]; dan

(c)

dilesenkan di bawah Akta Pasaran Modal dan Perkhidmatan 2007

[Akta 671] atau berdaftar dengan Suruhanjaya Sekuriti Malaysia sebagai suatu perbadanan pengurusan modal usaha niaga atau suatu perbadanan pengurusan ekuiti persendirian.

P.U. (A) 356 3

Pengecualian

Seksyen 3

(1)

Tertakluk kepada subperenggan (2), Menteri mengecualikan suatu syarikat daripada pembayaran cukai pendapatan dalam tempoh asas bagi suatu tahun taksiran berkenaan dengan pendapatan berkanun yang diperoleh daripada suatu perniagaan menyediakan perkhidmatan pengurusan dana bagi Dana Pelaburan Mampan dan Bertanggungjawab di Malaysia.

(2)

Dana Pelaburan Mampan dan Bertanggungjawab yang disebut dalam subperenggan (1) hendaklah memenuhi kehendak-kehendak yang dinyatakan dalam garis panduan yang berhubungan dengan

Dana

Pelaburan

Mampan dan

Bertanggungjawab yang dikeluarkan oleh Suruhanjaya Sekuriti Malaysia di bawah

Akta Pasaran Modal dan Perkhidmatan 2007.

(3)

Tiada apa-apa jua dalam subperenggan (1) boleh melepaskan atau disifatkan telah melepaskan syarikat itu daripada mematuhi apa-apa kehendak untuk mengemukakan apa-apa penyata atau penyata akaun atau memberi apa-apa maklumat lain di bawah peruntukan Akta.

Akaun berasingan

Seksyen 4

Syarikat itu hendaklah menyenggara suatu akaun yang berasingan bagi pendapatan yang diperoleh daripada perniagaan yang disebut dalam subperenggan 3(1)

bagi tempoh asas bagi setiap tahun taksiran dan pendapatan itu hendaklah dianggap sebagai suatu sumber perniagaan yang berasingan dan berlainan bagi syarikat itu.

Seksyen 5

Pemakaian perenggan 5 dan 6 Jadual 7A Akta

Perenggan 5 dan 6 Jadual 7A Akta hendaklah terpakai, mutatis mutandis, bagi amaun pendapatan berkanun yang dikecualikan di bawah subperenggan 3(1).

P.U. (A) 356 4

Seksyen 6

Ketidakpakaian

Perintah ini tidak terpakai bagi suatu syarikat jika dalam tempoh asas bagi suatu tahun taksiran—

(a)

syarikat itu telah diberikan apa-apa insentif di bawah seksyen 60G Akta;

atau

(b)

syarikat itu telah diberikan apa-apa pengecualian di bawah perenggan 127(3)(b) Akta.

Dibuat 21 Disember 2018

[Perb. CR(8.09)681/2-61(SJ.18)JLD.16(SK.27; LHDN.AY.A.600-12/1/7(20)); PN(PU2)80/XCII]

LIM GUAN ENG

Menteri Kewangan

[Akan dibentangkan di

Dewan

Rakyat menurut subseksyen 127(4)

Akta Cukai Pendapatan 1967]

P.U. (A) 356 5

INCOME TAX ACT 1967

INCOME TAX (EXEMPTION) (NO. 5) ORDER 2018

Opening note

Preamble

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) (No. 5)

Order 2018.

(2)

This Order comes into operation from the year of assessment 2018 until the year of assessment 2020.

Interpretation 2.

In this Order,—

“Securities Commission Malaysia” means the Securities Commission Malaysia established under the Securities Commission Malaysia Act 1993 [Act 498];

“company” means a fund management company which is—

(a)

resident in Malaysia;

(b)

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

(c)

licensed under the Capital Markets and Services Act 2007 [Act 671] or registered with the Securities Commission Malaysia as a venture capital management corporation or a private equity management corporation.

P.U. (A) 356 6

Exemption 3.

(1)

Subject to subparagraph (2), the Minister exempts a company from the payment of income tax in a basis period for a year of assessment in respect of the statutory income derived from a business of providing fund management services for

Sustainable and Responsible Investment Fund in Malaysia.

(2)

The Sustainable and Responsible Investment Fund referred to in subparagraph (1) shall fulfil the requirements set out in the guidelines relating to

Sustainable and Responsible Investment Fund issued by the Securities Commission

Malaysia under the Capital Markets and Services Act 2007.

(3)

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

Separate account 4.

The company shall maintain a separate account for the income derived from the business referred to in subparagraph 3(1) for the basis period for each year of assessment and that income shall be treated as a separate and distinct source of business for the company.

Application of paragraphs 5 and 6 of Schedule 7A of the Act 5.

Paragraphs 5 and 6 of Schedule 7A to the Act shall apply, mutatis mutandis, to the amount of statutory income exempted under subparagraph 3(1).

Non-application 6.

This Order shall not apply to a company if in the basis period for a year of assessment—

P.U. (A) 356 7

(a)

the company has been granted any incentive under section 60G of the Act;

(b)

the company has been granted any exemption under paragraph 127(3)(b)

of the Act.

Made 21 December 2018

[Perb. CR(8.09)681/2-61(SJ.18)JLD.16(SK.27) ; LHDN.AY.A.600-12/1/7(20)); PN(PU2)80/XCII]

LIM GUAN ENG

Minister of Finance

[To be laid before the Dewan Rakyat pursuant to subsection 127(4) of the

Income Tax Act 1967]

Common questions

What is PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018?: PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 is Malaysia P.U. (A), cited as P.U. (A) 356 2018, currently marked in force and first recorded in 2018.
Is PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 still in force?: Yes — PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 is currently in force.
When did PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 take effect?: PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 was first recorded in 2018.
How many sections does PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 have?: PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 contains 6 sections.
Where can I read the official version of PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018?: The official text of PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 5) 2018 is published at lom.agc.gov.my.