6 The Inland Revenue Board of Malaysia (IRB) issued Public Ruling No. 12/2016 on December 9, 2016 to explain the tax treatment of income derived by individuals exercising employment aboard ships. The ruling provides clarity on how the provisions under Section 13(2)(e) and Paragraph 34, Schedule 6 of the Malaysian Income Tax Act, 1967 (the Act), respectively, should be interpreted and applied in relation to such individuals. Required: i) Explain the territorial basis and world scope basis of taxation. ii) Explain whether income earned by a person (seafarer) while exercising employment on board a ship is fully taxable in Malaysia