Worldwide Corporate Taxes Summaries(2002-2003)——Malaysia(part2)

Worldwide Corporate Taxes Summaries(2002-2003)——Malaysia(part2)

责任编辑:北京中立诚会计师事务所  文章来源:北京中立诚会计师事务所  点击数:  更新时间:2006/7/11 20:23:46

Withholding taxes
Corporations paying certain types of income are required to withhold tax as follows.
                                                         Royalties
                                                                     and certain
Recipient                         Dividends (1)    Interest (2)  rentals (3) (4) (5)
                                      %                 %                 %
Resident corporations………………    Nil               Nil               Nil
Resident individuals ………………    Nil            Nil or 5             Nil
Nonresident corporations
  and individuals:
Nontreaty………………………………    Nil            Nil or 15            10
Treaty:
  Albania* ……………………………    Nil            Nil or 10            10
  Australia……………………………    Nil            Nil or 15         Nil or 10
  Austria………………………………    Nil            Nil or 15            10
  Bahrain* ……………………………    Nil            Nil or 5              8
  Bangladesh …………………………    Nil            Nil or 15         Nil or 10
  Belgium………………………………    Nil            Nil or 10            10
  Canada ………………………………    Nil            Nil or 15        Nil or 10 (6)
  China, P.R.…………………………    Nil            Nil or 10            10
  Czech Republic ……………………    Nil            Nil or 12            10
  Denmark………………………………    Nil            Nil or 15         Nil or 10
  Egypt* ………………………………    Nil            Nil or 15            10
  Fiji …………………………………    Nil            Nil or 15            10
  Finland………………………………    Nil            Nil or 15         Nil or 10
  France ………………………………    Nil            Nil or 15         Nil or 10
  Germany………………………………    Nil            Nil or 15         Nil or 10
  Hungary………………………………    Nil            Nil or 15            10
  India…………………………………    Nil                15            Nil or 10
  Indonesia……………………………    Nil            Nil or 15            10
  Ireland, Rep. of …………………    Nil            Nil or 10             8
  Italy…………………………………    Nil            Nil or 15        Nil or 10 (6)
  Japan…………………………………    Nil                10              10 (6)
  Jordan ………………………………    Nil            Nil or 15            10
  Korea, Rep. of ……………………    Nil            Nil or 15         Nil or 10
  Kyrgyzstan*…………………………    Nil            Nil or 10            10
  Malta…………………………………    Nil            Nil or 15            10
  Mauritius……………………………    Nil            Nil or 15            10
  Mongolia ……………………………    Nil            Nil or 10            10
  Myanmar* ……………………………    Nil                10               10
  Namibia* ……………………………    Nil            Nil or 10             5
  Netherlands…………………………    Nil            Nil or 10         Nil or 8
  New Zealand…………………………    Nil            Nil or 15         Nil or 10
  Norway ………………………………    Nil            Nil or 15        Nil or 10 (6)
  Pakistan ……………………………    Nil            Nil or 15         Nil or 10
  Papua New Guinea …………………    Nil            Nil or 15            10
  Philippines…………………………    Nil            Nil or 15         Nil or 10
  Poland ………………………………    Nil            Nil or 15         Nil or 10
  Romania………………………………    Nil            Nil or 15         Nil or 10
  Russian Federation ………………    Nil            Nil or 15            10
  Singapore……………………………    Nil                15              10 (6)
  Sri Lanka……………………………    Nil            Nil or 10            10
  Sudan* ………………………………    Nil            Nil or 10            10
  Sweden ………………………………    Nil            Nil or 15        Nil or 10 (6)
  Switzerland…………………………    Nil            Nil or 10         Nil or 10
  Thailand ……………………………    Nil            Nil or 15         Nil or 10 (6)
  Turkey ………………………………    Nil            Nil or 15            10
  United Arab Emirates ……………    Nil            Nil or 5             10
  United Kingdom ……………………    Nil            Nil or 10             8
  Uzbekistan …………………………    Nil            Nil or 10            10
  Vietnam………………………………    Nil            Nil or 10            10
  Zimbabwe*……………………………    Nil            Nil or 10            10
* Treaties pending ratification
Net profit before taxes for year ended December 31, 2002……………… RM 2,000,000
Add:
  DepreCIAtion charged in accounts………………………………… 150,000
  Amounts transferred to provisions ……………………………… 110,000
  Donations ………………………………………………………………  10,000
  Legal fees (capital nature) ………………………………………   3,000
  Entertainment (not allowed as deduction)………………………  40,000
  Leave passage (not allowed as deduction)………………………  50,000      363,000
                                                                        2,363,000
Less:
  Interest income ……………………………………………………… 500,000
  Dividend income ……………………………………………………… 360,000
  Profit on sale of fixed assets……………………………………  13,000
  Expenditure charged against provisions………………………… 380,000    1,253,000
Adjusted income ……………………………………………………………………    1,110,000
Add-Balancing charge on sale of fixed assets………………………………       12,000
                                                                        1,122,000
Less-Capital allowances …………………………………………………………       37,000
Statutory income……………………………………………………………………    1,085,000
Add:
  Interest income ……………………………………………………… 500,000
  Malaysian dividends (regrossed) ………………………………… 500,000    1,000,000
                                                                        2,085,000
Less-Approved donations …………………………………………………………        6,000
Chargeable income ………………………………………………………………… RM 2,079,000
Tax thereon at 28%………………………………………………………………… RM   582,120
Less-Tax deducted at source on dividends
  (28% of 500,000)…………………………………………………………………     (140,000)
Tax payable ………………………………………………………………………… RM   442,120
Note: Exchange rate of the ringgit has been fixed at US$1=RM3.80 since September 1, 1998.       

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北京中立诚会计师事务所简介下载
地 址:北京朝阳区北苑路13号领地OFFICE大厦B座7层701室
电 话:(010)- 52086638 51095615
传 真:(010)- 52086636
邮 编:100107
E-mail:supercpa@163.com