100 Ways to Save Tax in Malaysia for Property Investors, 3rd Edition

100 Ways to Save Tax in Malaysia for Property Investors is a comprehensive guide to the tax implications of property investment and property ownership. As a work that collects together in one source all of the tax issues relevant to property investment and ownership, it is an invaluable tool to help investors in their vital decision-making processes. The book covers the specifics of the taxation of property income, which is in many ways distinct from the taxation of other kinds of income. In doing so, it discusses and illustrates the complexity of the “investment” versus “business” classification of property income in the aftermath of the change in treatment brought about by Public Ruling No 4/2011. The availability of deductions and capital allowances against rental income is discussed with clear examples. The treatment of property income has significant implications for investment holding companies and this added complication is given a special chapter. In addition to dealing with the taxation of property income, the book covers other areas of taxation including real estate investment trusts and assessment tax which have relevance for the property investor. Tax-saving strategies which include tax deferment, tax reduction and elimination of tax liability are explored with practical illustrations.