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(TAX UPDATE) You Filed Your CKHT. One Year Later, HASiL Gives You 14 Days.
A company sold a piece of land. The gain was calculated.CKHT was filed.Tax was paid. The director asked,“Done already, right?”Everyone moved on. One year later,a letter arrived from HASiL. It referred to Section 27 of the Real Property Gains Tax Act 1976.It wanted four documents. Deadline?14 days. The boss looked at me.“Last year already filed.”“Why…
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AI Doesn’t Transform Companies. People Do.
AI Doesn’t Transform Companies. People Do. Last Saturday,I brought two colleagues to attend Ts. Dr. Chan Ler-Kuan AI Productivity Unlocked Class. To be honest,Half of the technical terms flew over my head.😂😂😂 But one sentence caught my attention.She said, “The number one success factor for AI transformation is leadership commitment.”“Not budget.”“Not tools.” Inside my heart,…
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Unclaimed Money : What That Government Inspection Letter Really Means
Recently, one of our clients received a government inspection letter. Not from LHDN.Not from SSM. It came from the Unit Wang Tak Dituntut, Jabatan Akauntan Negara Malaysia, Negeri Johor. The client asked me,“Boss, why did we receive this?”“We also never claim any money from the Government.” I replied,“They are not checking whether the Government owes…
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My Birthday Milk Tea Came With A Spoon!
My Birthday Milk Tea Came With A Spoon! This week,my people bought me a milk tea as my birthday present. First impression.Very nice packaging.Nice paper bag.Nice cup.Very atas. I looked at it and thought,“Wah.”“My people really know how to choose.” Then I opened the paper bag.Inside…There was a spoon.I froze. Milk tea got spoon one…
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(TAX UPDATE) Transfer Pricing Exemption Applicable to You?
An SME boss told me,“Both companies belong to my family.”“Both are in Malaysia.”“So Transfer Pricing Documentation is not required, right?” I asked him 3 questions.“Does either company enjoy a tax incentive?” He kept quiet.“Are both companies taxed at the same headline tax rate?” Still quiet.“Did either company suffer losses for the previous two consecutive years?”…
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