Question
Patama Sdn. Bhd. a high technology company are located in Proton City Industrial Park. The company plan to apply for either pioneer status or investment
- Patama Sdn. Bhd. a high technology company are located in Proton City Industrial Park. The company plan to apply for either pioneer status or investment tax allowances. The projected transaction for two years of operation are as follow
| 2018 | 2019 | |
| tax rate | 24 % | 24 % |
| statutory income | 0 | RM 650,000 |
Qualifying Capital Expenditure 2018 2019
- Industrial building RM 49,000 RM23,000
- Plant and machineries RM42,000 RM40,000
Required:
Compute the tax payable for Patama Sdn Bhd under pioneer status and investment tax incentives.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
14th Global Edition
978-0273753872, 0273753878
