Notwithstanding section 3, an offshore company Offshore carrying on an offshore business activity which is an non-trading offshore non-trading activity for the basis period for a year of assessment shall not be charged to tax for that year of assessment.
An offshore company carrying on an offshore business Statutory activity which is an offshore non-trading activity shall, of offshore within a period of three months (or any extended period as non-trading may be allowed by the Director-General) from the activity. commencement of a year of assessment, file a statutory declaration in the prescribed form with the Director- General. <AA 815 10 A._- [Pt. IV, S. 11-14] Payment of •tax. Payment of difference and Notice of demand. Recovery by Act 359.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).