Under the Promotion of Investment Act 1986 (PIA 1986) and Income Tax Act 1967. There have several objective. Firstly, to encourage the rearrangement of social and economic. Next to create more job opportunities. Then to encourage new investment. Lastly to increase income for the company.

Required:

Discuss FOUR (4) types of investment incentive under the Promotion of Investment Act 1986 (PIA 1986) with example for the each type.

i. Pioneer status

(4 marks)

ii. Investment tax allowances

(4 marks)

4

4

.

4