Advanced Tax
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Date Submitted: 01/23/2016 07:29 PM
INLAND REVENUE BOARD MALAYSIA
INVESTMENT HOLDING COMPANY
PUBLIC RULING NO. 3/2011
Translation from the original Bahasa Malaysia text
DATE OF ISSUE: 10 MARCH 2011
INVESTMENT
HOLDING COMPANY
Public Ruling No. 3/2011
INLAND REVENUE BOARD MALAYSIA
Date of Issue: 10 March 2011
CONTENTS
Page
1.
Introduction
1
2.
Related provisions
1
3.
Interpretation
1
4.
Definition of an investment holding company
1
5.
Definition of a business of holding of an investment
1-2
6.
Determination of an investment holding company
2-8
7.
Tax treatment for investment holding company
8
Tax treatment for investment holding company not listed
on the Bursa Malaysia
9.
Tax treatment for investment holding company listed
on the Bursa Malaysia
10.
Capital allowance / Industrial building allowance
25
11.
Effective Date
25
8
8 - 15
15 - 25
DIRECTOR GENERAL'S PUBLIC RULING
A Public Ruling as provided for under section 138A of the Income Tax Act 1967 is
issued for the purpose of providing guidance for the public and officers of the Inland
Revenue Board Malaysia. It sets out the interpretation of the Director General of
Inland Revenue in respect of the particular tax law, and the policy and procedure that
are to be applied.
A Public Ruling may be withdrawn, either wholly or in part, by notice of withdrawal or
by publication of a new ruling which is inconsistent with it.
Director General of Inland Revenue,
Inland Revenue Board Malaysia.
INVESTMENT
HOLDING COMPANY
INLAND REVENUE BOARD MALAYSIA
Public Ruling No. 3/2011
Date of Issue: 10 March 2011
1.
This ruling explains the tax treatment in respect of an investment holding company
resident in Malaysia.
2.
The provisions of the Income Tax Act 1967 (ITA) related to this Ruling are
paragraphs 4(a), 4(d), 4(f), 8(1)(b), 8(1)(c), sections 43, 44, 60F and 60FA and
paragraph 75, Schedule 3.
3.
The...
