QUESTION 4 (CLO 1) (a) The Pioneer Industries Ordinance was introduced in Malaya in 1958 to encourage the development of the manufacturing sector. As a result, foreign investors were encouraged to concentrate in developing substitutes for import based products such as beverages and tobacco. In 1968, the Investment Incentive Act replaced the Pioneer Industries Ordinance in further encourage the development of labour intensive industries that produced goods for export. To stimulate the growth of export-oriented industries, Free Trade Zones (FTZS) and Licensed Manufacturing Warehouses (LMWS) were established. (Kasipillai J. 2010) You are required to research and explain on the following topics (i) Pioneer Status Tax exemption Investment Tax Allowance. And (iv) The scope of charge of these investment incentives. (20 marks) (b) Explain Service Tax by including the followings: - i. ii. iii. iv. A brief explanation of service tax Taxable person for service tax Taxable service Threshold When is Service Tax due and payable? V