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PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013

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Type
P.U. (A)
Status
In force
Enacted
2013
Sections
6

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About this p.u. (a)

PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 is Malaysia P.U. (A), cited as P.U. (A) 122 2013, currently marked in force and first recorded in 2013.

Opening note

Preamble

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  1. PADA menjalankan kuasa yang diberikan oleh subseksyen 65C(1) Akta Petroleum (Cukai Pendapatan) 1967 [Akta 543], Menteri membuat perintah yang berikut: Nama dan permulaan kuat kuasa

Seksyen 2

Bagi maksud Perintah ini—

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“medan marginal” ertinya suatu medan dalam kawasan perjanjian petroleum sebagaimana yang diperuntukkan di bawah perenggan 3.

Seksyen 3

Medan marginal

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Menteri boleh menentukan suatu medan marginal iaitu suatu medan dalam kawasan perjanjian petroleum yang mempunyai rizab minyak mentah yang berpotensi tidak melebihi tiga puluh juta tong tangki stok atau rizab gas asli tidak melebihi lima ratus bilion kaki padu standard.

Seksyen 4

Pengecualian

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(1)

Menteri mengecualikan seseorang yang boleh dikenakan cukai dalam tempoh asas bagi suatu tahun taksiran daripada pembayaran cukai pendapatan petroleum berkenaan dengan pendapatan berkanun yang diperoleh daripada operasi petroleum di suatu medan marginal.

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(2)

Tertakluk kepada perenggan 5, pendapatan berkanun yang disebut dalam subperenggan (1) hendaklah ditentukan mengikut formula yang berikut:

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A x C

B iaitu A ialah cukai yang boleh dikenakan bagi seseorang yang boleh dikenakan cukai berkenaan dengan operasi petroleumnya di suatu medan marginal yang bersamaan dengan tiga puluh lapan peratus daripada pendapatan yang boleh dikenakan cukainya ditolak dengan cukai yang boleh dikenakan yang bersamaan dengan dua puluh lima peratus daripada pendapatannya yang boleh dikenakan cukai;

B ialah cukai yang boleh dikenakan bagi seseorang yang boleh dikenakan cukai yang bersamaan dengan tiga puluh lapan peratus daripada pendapatannya yang boleh dikenakan cukai; dan

C ialah amaun bagi pendapatannya yang boleh dikenakan cukai.

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(3)

Tiada apa-apa jua dalam subperenggan (1) boleh melepaskan atau disifatkan telah melepaskan orang yang boleh dikenakan cukai daripada mematuhi apa-apa kehendak bagi mengemukakan apa-apa penyata atau penyata akaun atau mengemukakan apa-apa maklumat lain di bawah peruntukan Akta.

Pendapatan berkanun

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Seksyen 5

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Pendapatan berkanun yang disebut dalam subperenggan 4(1) hendaklah ditentukan mengikut Bab 4 Bahagian III Akta dan Kaedah-Kaedah Petroleum (Cukai

Pendapatan) (Elaun Modal Dipercepatkan) (Medan Marginal) 2013 [P.U. (A)

119/2013].

Seksyen 6

Ketidakpakaian

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(1)

Perintah ini tidak terpakai bagi seseorang yang boleh dikenakan cukai bagi tempoh asas suatu tahun taksiran jika orang yang boleh dikenakan cukai itu menjalankan operasi petroleum—

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(a)

di dalam suatu medan marginal dalam suatu kawasan yang berkenaan dengan suatu projek laut dalam yang telah diberikan elaun pelaburan di bawah Peraturan-Peraturan Petroleum

(Cukai Pendapatan) (Elaun Pelaburan) 2013 [P.U. (A) 120/2013];

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(c)

di dalam suatu kawasan di bawah apa-apa perjanjian atau perkiraan yang dibuat oleh Kerajaan dengan kerajaan mana-mana wilayah di luar Malaysia bagi eksplorasi dan eksploitasi petroleum bersama dalam kawasan pertindihan.

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(2)

Jika dalam tempoh asas bagi suatu tahun taksiran pengeluaran terkumpul petroleum di suatu medan marginal bagi seseorang yang boleh dikenakan cukai, dari tahun asas pertama petroleum dikeluarkan hingga ke tahun taksiran itu, adalah melebihi tiga puluh juta tong tangki stok minyak mentah atau melebihi lima ratus bilion kaki padu standard gas asli, pengecualian itu tidak terpakai bagi orang yang boleh dikenakan cukai itu dalam tempoh asas bagi tahun taksiran itu dan tahun-tahun taksiran berikutnya berkenaan dengan pendapatan yang diperoleh daripada lebihan itu.

Dibuat 14 Mac 2013

[Perb. CR(8.09)681/2-61(Sj.19)Jld.3(Sk.2);LHDN.01/35/(S)/42/51

Klt.17;PN(PU2)80A/XIX]

DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Menteri Kewangan Kedua

[Akan dibentangkan di Dewan Rakyat menurut subseksyen 65C(2) Akta Petroleum

(Cukai Pendapatan) 1967]

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PETROLEUM (INCOME TAX) ACT 1967

PETROLEUM (INCOME TAX) (EXEMPTION) ORDER 2013

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Opening note

Preamble

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  1. IN exercise of the powers conferred by subsection 65C(1) of the Petroleum (Income Tax) Act 1967 [Act 543], the Minister makes the following order: Citation and commencement 1.

(1)

This order may be cited as the Petroleum (Income Tax) (Exemption)

Order 2013.

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(2)

This Order is deemed to have come into operation on 30 November 2010.

Interpretation 2.

For the purpose of this Order—

“marginal field” means a field in a petroleum agreement area as provided for under paragraph 3.

Marginal field 3.

The Minister may determine a marginal field which is a field in a petroleum agreement area which has potential crude oil reserves not exceeding thirty million stock tank barrels or natural gas reserves not exceeding five hundred billion standard cubic feet.

Exemption 4.

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(1)

The Minister exempts a chargeable person in the basis period for a year of assessment from the payment of petroleum income tax in respect of statutory income derived from petroleum operations in a marginal field.

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(2)

Subject to paragraph 5, the statutory income referred to in subparagraph (1) shall be determined in accordance with the following formula:

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A x C

B where A is the chargeable tax of a chargeable person in respect of his petroleum operations in a marginal field which is equal to thirty-eight per cent of his chargeable income reduced by the chargeable tax which is equal to twenty five per cent of his chargeable income;

B is the chargeable tax of a chargeable person which is equal to thirty-eight per cent of his chargeable income; and

C is the amount of such chargeable income.

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(3)

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

Statutory income 5.

The statutory income referred to in subparagraph 4(1) shall be ascertained in accordance with Chapter 4 Part III of the Act and the Petroleum (Income Tax)

(Accelerated Capital Allowances) (Marginal Field) Rules 2013 [P.U. (A) 119/2013].

Non-application 6.

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(1)

This Order shall not apply to a chargeable person in a basis period for a year of assessment where the chargeable person carries on petroleum operations–

(a)

in a marginal field within an area in respect of a deep water project which has been granted investment allowance under the

Petroleum (Income Tax) (Investment Allowance) Regulations 2013 [P.U. (A) 120/2013];

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(c)

in an area under any agreement or arrangement made by the

Government with the government of any territory outside

Malaysia for the joint exploration and exploitation of petroleum in overlapping areas.

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(2)

Where in the basis period for a year of assessment the accumulated production of petroleum in a marginal field of a chargeable person, from the first basis year petroleum is produced to that year of assessment, is in excess of thirty million stock tank barrels of crude oil or in excess of five hundred billion standard cubic feet of natural gas, the exemption shall not apply to that chargeable person in that basis period for that year of assessment and subsequent years of assessment in respect of income derived from that excess.

Made 14 March 2013

[Perb. CR(8.09)681/2-61(Sj.19)Jld.3(Sk.2);LHDN.01/35/(S)/42/51

Klt.17;PN(PU2)80A/XIX]

DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Second Minister of Finance

[To be laid before the Dewan Rakyat pursuant to subsection 65C(2) of the

Petroleum (Income Tax) Act 1967]

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Common questions

What is PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013?
PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 is Malaysia P.U. (A), cited as P.U. (A) 122 2013, currently marked in force and first recorded in 2013.
Is PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 still in force?
Yes — PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 is currently in force.
When did PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 take effect?
PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 was first recorded in 2013.
How many sections does PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 have?
PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 contains 6 sections.
Where can I read the official version of PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013?
The official text of PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) 2013 is published at lom.agc.gov.my.