TAXATION 1 (TAX 467) LATEST 2021/2022

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Three sources of revenue law in Malaysian Tax System: i. Statute law √ ii. Case law √ iii. Practice of the Inland Revenue Board of Malaysia (IRBM) √ (√ 3 x 1 mark = 3 marks) B. The DG can issu... e advance assessment under the following circumstances : i. Where a taxpayer cease to carry on a business. √ ii. Where a taxpayer commences to receive employment income, pension, annuity or periodical payment. √ iii. Where a taxpayer is about to leave Malaysia and his source of income is likely to cease upon leaving Malaysia. √ [Show More]

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