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Q: Is the annual tax filing fee tax deductible? 

A: Effective from Year of Assessment (YA) 2020, the tax filing fee combined with the company secretarial fee are eligible for tax deduction of up to RM15,000 for each YA if the expenses are incurred and paid during the basis period.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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