P.U. (A)In force
Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016
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- Enacted
- 2016
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Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 is Malaysia P.U. (A), cited as P.U. (A) 113 2016, currently marked in force and first recorded in 2016.
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P.U. (A) 113
WARTA KERAJAAN PERSEKUTUAN
FEDERAL GOVERNMENT
GAZETTE
PERINTAH CUKAI PENDAPATAN (PENGECUALIAN)
(NO. 3) 2016
INCOME TAX (EXEMPTION) (NO. 3) ORDER 2016
DISIARKAN OLEH/
JABATAN PEGUAM NEGARA/
ATTORNEY GENERAL’S CHAMBERS
P.U. (A) 113 2
AKTA CUKAI PENDAPATAN 1967
PERINTAH CUKAI PENDAPATAN (PENGECUALIAN) (NO. 3) 2016
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 2
Dalam Perintah ini—
“bank Islam berlesen” mempunyai erti yang diberikan kepadanya di bawah subseksyen 2(1) Akta Perkhidmatan Kewangan Islam 2013 [Akta 759];
“institusi yang ditetapkan” mempunyai erti yang diberikan kepadanya di bawah seksyen 3 Akta Institusi Kewangan Pembangunan 2002 [Akta 618];
“orang yang layak” ertinya seseorang individu yang bermastautin di Malaysia;
“perusahaan kecil dan sederhana” mempunyai erti yang diberikan kepadanya di bawah seksyen 2 Akta Perbadanan Perusahaan Kecil dan Sederhana Malaysia 1995
[Akta 539];
“platform akaun pelaburan”
ertinya suatu platform multibank yang membolehkan penyaluran dana yang dilaburkan oleh seseorang melalui suatu akaun pelaburan sebagaimana yang ditakrifkan dalam subseksyen 2(1) Akta Perkhidmatan
Kewangan Islam 2013.
P.U. (A) 113 3
Seksyen 3
Pengecualian
(1)
Tertakluk kepada subperenggan (2), Menteri mengecualikan orang yang layak daripada pembayaran cukai pendapatan berkenaan dengan keuntungan daripada pelaburan yang diterima oleh orang yang layak itu dalam tempoh tiga tahun taksiran berturut-turut bermula dari tahun taksiran pertama keuntungan itu diterima oleh orang yang layak itu.
(2)
Pengecualian yang disebut dalam subperenggan (1) adalah tertakluk kepada syarat-syarat yang berikut:
(b)
pelaburan itu dibuat melalui platform akaun pelaburan yang ditubuhkan oleh bank Islam berlesen atau institusi yang ditetapkan dan dikendalikan oleh seseorang yang diiktiraf oleh
Bank Negara Malaysia;
(c)
pelaburan itu adalah untuk membiayai apa-apa usaha niaga atau projek dalam Malaysia dalam mana-mana industri atau sektor yang diusahakan oleh perusahaan kecil dan sederhana yang memenuhi kriteria yang berikut:
(i)
seorang tuan punya tunggal warganegara Malaysia dan perniagaannya didaftarkan di bawah Akta Pendaftaran
Perniagaan 1956 [Akta 197];
(ii)
suatu perkongsian liabiliti terhad yang didaftarkan di bawah Akta Perkongsian Liabiliti Terhad 2012 [Akta 743], dengan sekurang-kurangnya lima puluh satu peratus sumbangan modalnya disumbangkan oleh warganegara
Malaysia;
P.U. (A) 113 4
(iii)
suatu perkongsian yang didaftarkan di bawah
Akta
Pendaftaran
Perniagaan 1956, dengan sekurang-kurangnya lima puluh satu peratus sumbangan modalnya disumbangkan oleh warganegara
Malaysia; atau
(iv)
suatu syarikat yang diperbadankan di bawah Akta Syarikat 1965
[Akta 125]
dengan sekurang-kurangnya lima puluh satu peratus modal saham biasanya yang diterbitkan dimiliki secara langsung oleh warganegara
Malaysia;
(d)
usaha niaga atau projek yang berkenaan dengannya pelaburan itu dibuat ditaja oleh bank Islam berlesen atau institusi yang ditetapkan;
(e)
orang yang layak memperoleh pengesahan daripada orang yang mengendalikan platform akaun pelaburan mengenai keuntungan yang diterima daripada usaha niaga atau projek yang berkenaan dengannya pelaburan itu dibuat dan mengemukakan pengesahan itu kepada Ketua Pengarah; dan
(f)
usaha niaga atau projek yang berkenaan dengannya pelaburan itu dibuat tidak melibatkan mana-mana saudara-mara orang yang layak itu yang berikut:
(i)
suami atau isteri;
(ii)
ibu atau bapa, termasuklah ibu tiri atau bapa tiri, dan ibu mertua atau bapa mertua;
(iii)
anak, termasuklah anak tiri, atau anak angkat mengikut mana-mana undang-undang;
P.U. (A) 113 5
(iv)
adik-beradik lelaki atau adik-beradik perempuan, termasuklah adik-beradik tiri lelaki atau adik-beradik tiri perempuan; dan
Seksyen 4
Penarikan balik pengecualian
Pengecualian yang diberikan kepada orang yang layak di bawah Perintah ini boleh ditarik balik sekiranya dalam tempoh pengecualian yang disebut dalam subperenggan 3(1) perusahaan kecil dan sederhana yang menjalankan usaha niaga atau projek yang disebut dalam subsubperenggan 3(2)(c)—
(b)
tidak lagi memenuhi kriteria yang ditetapkan dalam subsubperenggan 3(2)(c).
Dibuat 22 April 2016
[Perb.CR(8.20)294/6/4-9
(SJ.9)
(2015)
(SK.1);
LHDN.01/12.5/353/60/3-21;
PN(PU2)80/LXXIX]
DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH
Menteri Kewangan Kedua
[Akan dibentangkan di
Dewan
Rakyat menurut subseksyen 127(4)
Akta Cukai Pendapatan 1967]
P.U. (A) 113 6
INCOME TAX ACT 1967
INCOME TAX (EXEMPTION) (NO. 3) ORDER 2016
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.
(2)
This Order is deemed to have come into operation on 1 April 2016.
Interpretation 2.
In this Order—
“licensed Islamic bank” has the meaning assigned to it under subsection 2(1) of the Islamic Financial Services Act 2013 [Act 759];
“prescribed institution” has the meaning assigned to it under section 3 of the
Development Financial Institutions Act 2002 [Act 618];
“qualified person” means an individual resident in Malaysia;
“small and medium enterprises” has the meaning assigned to it under section 2
of the Small and Medium Enterprise Corporation Malaysia Act 1995 [Act 539];
“investment account platform” means a multibank platform which enables the channelling of funds invested by an individual through an investment account as defined under subsection 2(1) of the Islamic Financial Services Act 2013.
Exemption 3.
(1)
Subject to subparagraph (2), the Minister exempts a qualified person from the payment of income tax in respect of the profits from an investment received by the
P.U. (A) 113 7
qualified person within the period of three consecutive years of assessment starting from the first year of assessment the profits are received by the qualified person.
(2)
The exemption referred to in subparagraph (1) is subject to the following conditions:
(a)
the investment is made within the period of three years starting from 1 April 2016 to 31 March 2019;
(b)
the investment is made through the investment account platform established by a licensed Islamic bank or prescribed institution and operated by a person recognized by the Bank Negara Malaysia;
(c)
the investment is to finance any venture or project in Malaysia in any industry or sector undertaken by a small and medium enterprise that fulfills the following criteria:
(i)
a sole proprietor who is a Malaysian citizen and his business is registered under the
Registration of
Businesses Act 1956 [Act 197];
(ii)
a limited liability partnership registered under the Limited
Liability Partnership Act 2012 [Act 743], in which at least fifty one per cent of its capital contribution is contributed by
Malaysian citizen;
(iii)
a partnership registered under the Registration of
Businesses Act 1956, in which at least fifty one per cent of its capital contribution is contributed by Malaysian citizen; or
(iv)
a company incorporated under the Companies Act 1965
[Act 125] in which at least fifty one per cent of its issued
P.U. (A) 113 8
ordinary share capital is directly owned by Malaysian citizen;
(d)
the venture or project in respect of which the investment is made is sponsored by a licensed Islamic Bank or prescribed institution;
(e)
the qualified person obtains a confirmation from the person who operates the investment account platform on the profits received from the venture or project in respect of which the investment is made and furnishes the confirmation to the Director General;
and
(f)
the venture or project in respect of which the investment is made does not involve any of the following relative of the qualified person:
(i)
a spouse;
(v)
a grandparent or a grandchild, including a step grandparent or a step grandchild.
Withdrawal of exemption 4.
An exemption given to a qualified person under this Order may be withdrawn if within the exemption period referred to in subparagraph 3(1) the small and medium
P.U. (A) 113 9
enterprise that undertakes the venture or project referred to in subsubparagraph 3(2)(c)—
(b)
no longer fulfills the criteria specified in subsubparagraph 3(2)(c).
Made 22 April 2016
[Perb.CR(8.20)294/6/4-9
(SJ.9)
(2015)
(SK.1);
LHDN.01/12.5/353/60/3-21;
PN(PU2)80/LXXIX]
DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH
Second 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. 3) 2016?
- Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 is Malaysia P.U. (A), cited as P.U. (A) 113 2016, currently marked in force and first recorded in 2016.
- Is Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 still in force?
- Yes — Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 is currently in force.
- When did Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 take effect?
- Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 was first recorded in 2016.
- How many sections does Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 have?
- Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 contains 4 sections.
- Where can I read the official version of Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016?
- The official text of Perintah Cukai Pendapatan (Pengecualian) (No. 3) 2016 is published at lom.agc.gov.my.
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