How many sections does PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 have?

PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 contains 4 sections.

/akn/my/act/pua/2024/127

PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024

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Type: P.U. (A)
Status: In force
Enacted: 2024
Sections: 6

Quick answer

About this p.u. (a)

PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 is Malaysia P.U. (A), cited as P.U. (A) 127 2024, currently marked in force and first recorded in 2024.

Opening note

Preamble

PADA menjalankan kuasa yang diberikan oleh subseksyen 26(1) Akta Cukai Aktiviti Perniagaan Labuan 1990 [Akta 445], Menteri membuat perintah yang berikut: Nama dan permulaan kuat kuasa

Seksyen 1

(1)

Perintah ini bolehlah dinamakan Perintah Cukai Aktiviti Perniagaan

Labuan (Pengecualian) 2024.

(2)

Perintah ini hendaklah berkuat kuasa mulai tahun taksiran 2024 hingga tahun taksiran 2028.

Tafsiran

Seksyen 2

Dalam Perintah ini, “aktiviti yang layak” ertinya aktiviti perdagangan Labuan berhubung dengan kewangan Islam bagi sektor yang dipromosikan sebagaimana yang dinyatakan dalam ruang (3) Jadual.

Seksyen 3

Pengecualian

(1)

Menteri mengecualikan suatu entiti Labuan yang dinyatakan dalam ruang (2) Jadual, dalam tempoh asas bagi suatu tahun taksiran, daripada pembayaran cukai berkenaan dengan apa-apa pendapatannya yang diperoleh daripada suatu aktiviti yang layak.

(2)

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

P.U. (A) 127 3

Akaun dan punca berasingan

Seksyen 4

(1)

Jika suatu entiti Labuan menjalankan suatu aktiviti yang layak, dan aktiviti atau perniagaan selain aktiviti yang layak, setiap aktiviti atau perniagaan itu hendaklah dikira sebagai suatu punca aktiviti atau perniagaan berasingan dan berlainan bagi entiti Labuan itu.

(2)

Entiti Labuan yang diberikan pengecualian di bawah subperenggan 3(1)

hendaklah menyenggara suatu akaun berasingan bagi pendapatan yang diperoleh daripada setiap aktiviti atau perniagaan yang disebut dalam subperenggan (1).

P.U. (A) 127 4

Jadual

JADUAL

(1)

(2)

Entiti Labuan

(3)

Aktiviti yang layak 1.

Bank Labuan, bank pelaburan Labuan, bank

Islam

Labuan atau bank pelaburan Islam Labuan

Perniagaan perbankan

Islam yang memanfaatkan penyelesaian digital dan mematuhi prinsip Syariah bagi:

(a)

mendapatkan dana;

(b)

menguruskan risiko termasuk risiko kredit, mata wang dan faedah;

(c)

mengambil kedudukan perlindungan nilai;

(d)

menyediakan pembiayaan atau perkhidmatan kewangan lain kepada pelanggan;

(e)

menguruskan modal kawal selia;

(f)

menyediakan laporan kawal selia dan penyata;

(g)

mengambil deposit untuk bank Islam

Labuan dan bank Labuan yang diluluskan untuk menjalankan perniagaan perbankan Islam Labuan;

(h)

menyediakan khidmat perundingan dan nasihat yang berhubungan dengan perkara pelaburan termasuk berurusan dalam sekuriti atau membuat dan mengurus pelaburan

Islam

P.U. (A) 127 5

(1)

(2)

Entiti Labuan

(3)

Aktiviti yang layak 2.

Syarikat tampang kredit Labuan atau syarikat tampang kredit Islam Labuan

Pengeluar Tampang Digital Islam yang:

(a)

mengeluarkan tampang kredit Islam atau tampang sekuriti Islam melalui teknologi dibina sedia atau teknologi khidmat luar;

(b)

menyediakan dompet dalaman

(dompet panas dan sejuk) bagi penyimpanan tampang digital Islam dan diluluskan sebagai pengendali sistem bayaran

Pengurus kumpulan wang Labuan

Menyediakan perkhidmatan pengurusan dana yang berdasarkan prinsip Syariah dan penggunaan penyelesaian digital berkenaan dengan sekuriti

Islam termasuk tampang sekuriti Islam bagi:

(a)

perkhidmatan pengurusan;

(b)

nasihat pelaburan;

(c)

perkhidmatan pentadbiran;

(d)

urus niaga sekuriti

Bursa

Kewangan

Antarabangsa

Labuan

Menjalankan perniagaan Bursa Islam yang:

(a)

berdasarkan prinsip-prinsip Syariah dan penggunaan penyelesaian digital dalam—

(i)

penyenaraian;

(ii)

perlesenan; atau

(iii)

perdagangan; atau

P.U. (A) 127 6

(1)

(2)

Entiti Labuan

(3)

Aktiviti yang layak

(b)

berdasarkan kaedah-kaedah dan undang-undang kecil

Bursa, perkara-perkara lain yang berkaitan dengan pasaran sekuriti dan instrumen kewangan

Dibuat 10 Mei 2024

[Perb: MOF.TAX (S) 700-2/7/1289; PN(PU2)491/IV]

DATUK SERI AMIR HAMZAH AZIZAN

Menteri Kewangan II

[Akan dibentangkan di Dewan Rakyat menurut subseksyen 26(2) Akta Cukai Aktiviti

Perniagaan Labuan 1990]

P.U. (A) 127 7

LABUAN BUSINESS ACTIVITY TAX ACT 1990

LABUAN BUSINESS ACTIVITY TAX (EXEMPTION) ORDER 2024

IN exercise of the powers conferred by subsection 26(1)

of the

Labuan Business Activity Tax Act 1990 [Act 445], the Minister makes the following order:

Citation and commencement 1.

(1)

This order may be cited as the Labuan Business Activity Tax

(Exemption) Order 2024.

(2)

This Order shall have effect from the year of assessment 2024 until the year of assessment 2028.

Interpretation 2.

In this Order, “qualifying activity” means a Labuan trading activity in relation to

Islamic finance for the promoted sectors as specified in column (3) of the Schedule.

Exemption 3.

(1)

The Minister exempts a Labuan entity specified in column (2) of the Schedule, in the basis period for a year of assessment, from the payment of tax in respect of any of its income derived from a qualifying activity.

(2)

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

Separate source and account 4.

(1)

Where a Labuan entity carries on a qualifying activity, and activity or business other than the qualifying activity, each of such activity or business shall be treated as a separate and distinct source of activity or business for the Labuan entity.

P.U. (A) 127 8

(2)

The Labuan entity which is granted an exemption under subparagraph 3(1)

shall maintain a separate account for the income derived from each activity or business referred to in subparagraph (1).

P.U. (A) 127 9

Jadual

(1)

(2)

Labuan Entity

(3)

Qualifying Activity

Labuan bank, Labuan investment bank,

Labuan Islamic bank or Labuan Islamic investment bank

Islamic banking business that leverages digital solutions and adheres to Syariah principles for:

(a)

raising funds;

(b)

managing risks including credit, currency and interest risks;

(c)

taking hedging positions;

(d)

providing financing or other financial services to customers;

(e)

managing regulatory capital;

(f)

preparing regulatory reports and returns;

(g)

deposit taking for Labuan Islamic bank and Labuan bank approved to carry on

Labuan Islamic banking;

(h)

providing consultancy and advisory services relating to investment matters including dealing in securities or making and managing

Islamic investment

Labuan credit token company or

Labuan Islamic credit token company

Islamic Digital Token Issuer which:

(a)

issues Islamic credit token or Islamic securities token via built-in technology or outsourced technology;

P.U. (A) 127 10

(1)

(2)

Labuan Entity

(3)

Qualifying Activity

(b)

provides in-house wallet (hot and cold wallet) for storing of Islamic digital token and approved as a payment system operator

Labuan fund manager

Providing fund management services based on Syariah principles and utilisation of digital solutions in respect of Islamic securities including Islamic securities token for:

(a)

management services;

(b)

investment advice;

(c)

administrative services;

(d)

dealing in securities

Labuan

International

Financial

Exchange

Undertaking the business of

Islamic

Exchange which is:

(a)

based on Syariah principles and utilisation of digital solutions in—

(i)

listing;

(ii)

licensing; or

(iii)

trading; or

(b)

based on the rules and by-laws of the Exchange, other matters related to the securities market and financial instruments

P.U. (A) 127 11

Made 10 May 2024

[Perb: MOF.TAX (S) 700-2/7/1289; PN(PU2)491/IV]

DATUK SERI AMIR HAMZAH AZIZAN

Finance Minister II

[To be laid before the

Dewan

Rakyat pursuant to subsection 26(2)

of the Labuan Business Activity Tax Act 1990]

Common questions

What is PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024?: PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 is Malaysia P.U. (A), cited as P.U. (A) 127 2024, currently marked in force and first recorded in 2024.
Is PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 still in force?: Yes — PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 is currently in force.
When did PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 take effect?: PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 was first recorded in 2024.
How many sections does PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 have?: PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 contains 4 sections.
Where can I read the official version of PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024?: The official text of PERINTAH CUKAI AKTIVITI PERNIAGAAN LABUAN (PENGECUALIAN) 2024 is published at lom.agc.gov.my.