Rental Income Tax Malaysia Public Ruling

A letting of real property as a business source under paragraph 4 a of the income tax act 1967 ita.

Rental income tax malaysia public ruling. Such rental income is explained under section 4 d of the act. Rental income is. In malaysia income derived from letting of real properties is taxable under paragraph 4 a business income or 4 d rental income of the income tax act 1967. Director general s public ruling section 138a of the income tax act 1967 ita provides that the director general is empowered to make a public ruling in relation to the application of any provisions of the ita.

Individuals who own property situated in malaysia and receive rental income in return are subject to income tax. 19 december 2018 1. Objective this public ruling pr explains. Deloitte tax hand information and insights from deloitte s tax specialists globally.

And b letting of real property as a non business source under paragraph 4 d of the ita. The income is deemed as a business sources if maintenance services or support services are comprehensively and actively provided in relation to the real property. 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.