TAX QUESTIONS? YOU ASK LAH!

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Q: Is company trip tax deductible?

A: 
According to Subparagraph 39(1)(l)(viii) of the Income Tax Act 1967, only a company trip which is a yearly event within Malaysia that involves the employer, the employee and the immediate family members of that employee is deductible. 


Wishing you plentiful tax savings! 

Zen Chow

YYC Tax Guru

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