INCOME FROM TRANSLATION OF BOOKS OR LITERARY WORKS
Effective Y/A 2007: Income of RM12,000 for a year of assessment received by an individual resident in Malaysia in respect of any translation of books or literary works at the specific request of any agency of the:
1. Ministry of Education or
2. Minister of Higher Education or
3. The Attorney General's Chambers
ACP1967 Sch 6 Para 32A: Income of twelve thousand ringgit for the basis year for a year of assessment, derived by an individual resident in Malaysia, being payment received in that year in respect of any translation of books or literary work at the specific request of any agency of the Ministry of Education or Ministry of Higher Education or the Attorney General's Chambers: Provided that the exemption shall not apply where the payment arises to the individual as part of his emoluments in the exercise of his official duties.
This is a great post it shows some information and best advice. Thanks and keep on posting.
ReplyDeleteAccounting Services Japan by TCG, www.kuno-cpa.co.jp/tcf/japan/index-e.html