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Q: A religious body operates a temple. Are the donations received by the temple subject to income tax?
A: No, the income of a religious institution or organisation in respect of any contribution received for charitable purposes provided such institution or organisation is not operated primarily for profit and is established in Malaysia exclusively for the purpose of religious worship or the advancement of religion is exempted from income tax.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru