Overview on few tax exemptions granted to an individual is as follows:
Leave passage is exempted from income tax provided that:
Scholarship paid to an individual is exempted from income tax.
Income remitted from outside Malaysia and received in Malaysia by resident individual is exempted from tax (starting from year 2004).
Royalties are taxable if it exceeds the following exemption limits:
However, the exemption above does not apply if the payment received is part of his salary in the exercise of the individual's official duties.
If you need further clarification, please do not hesitate to contact our tax team.
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