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Q: What is the tax treatment to a director for receiving director’s allowance and director’s fee from a Sdn Bhd?

A: If the director is receiving director’s allowance or director’s fee, they are both taxable income of the director and the allowance and fee are both subject to monthly tax deduction (MTD) as well.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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