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What is Overview of Malaysian Taxation System about?

The document provides an overview of Malaysian taxation system with the following key points: 1. Malaysian taxation is classified into direct taxes (e.g. income tax) and indirect taxes (e.g. sales tax). Direct taxes are imposed on specific taxpayers while indirect taxes are collected from others. 2. Income tax is the main direct tax charged on income accrued in or derived from Malaysia based on several classes of income like employment, business, dividends etc. Capital gains are not taxable. 3. The ta

Author

rajarajeswry

Language

EN