In May 2023, the Inland Revenue Board (IRB) made the decision to withdraw Assunta Hospital’s tax exemption status,

because the agency believed that the hospital had violated several conditions of its tax exemption status. Dr Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG explains who and how to qualify for tax exempt status comes under Section 44 (6) of the Income Tax Act 1967 (ITA).



Image Credit: shutterstock.com

In May 2023, the Inland Revenue Board (IRB) made the decision to withdraw Assunta Hospital’s tax exemption status,because the agency believed that the hospital had violated several conditions of its tax exemption status. Dr Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG explains who and how to qualify for&nbsp;tax exempt status comes under Section 44 (6) of the Income Tax Act 1967 (ITA).Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="http://shutterstock.com">shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Advertisement