The Tax Espresso is our monthly newsletter covering the latest tax updates.
In our May 2013 issue, we cover the incentives that are available to:
(a) a business trust – exemption of stamp duty on all instruments for the transfer of any business, asset or real property and exemption of real property gains tax for disposal of a chargeable asset to a business trust in relation to an initial offering;
(b) a Labuan International Commodity Trading Company – exemption of income from trading in physical and related derivative instruments of liquefied natural gas in non-Ringgit currency and exemption from election to be charged to tax of RM20,000;
(c) petroleum operations in marginal fields – exemption of statutory income and accelerated capital allowance on qualifying plant expenditure incurred; and
(d) a participant of an approved debt management programme – exemption of stamp duty on all instruments relating to the restructuring or rescheduling of loans.
Read more about these by downloading our newsletter below.
Tax Espresso - May 2013 (165.45 KB)