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which one not clear? 4- Ace Sdn Bhd owns the following buildings 1) Building used to store finished goods within the same curtilage as the

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which one not clear?

4- Ace Sdn Bhd owns the following buildings 1) Building used to store finished goods within the same curtilage as the factory which produces the finished goods (2) Building used to store raw materials within the same curtilage as the factory which uses the raw material (3) Building used to store imported products which are to be processed and distributed Which of the buildings qualify for industrial building allowance? A 1 only B 2 and 3 only C1 and 2 only D1, 2 and 3 5- A non-resident company with paid-up share capital equivalent to RM1 million has a branch in Malaysia. The branch has chargeable income of RM550,000 for the financial year ended 31 July 2018, What amount of income tax is payable by the company in Malaysia for the year of assessment 20187 A RM132,000 B RM99,000 CRM102.000 DRM107.000 6- Albert and his wife, Catherine, sold a jointly owned Malaysian property on 30 June 2018 for RM3 million. They had each purchased 50% of the property four and a half years previously for a total of RM2 million Albert is a Malaysian citizen and Catherine is an Australian citizen and both are non-residents What is the total real property gains tax (RPGT) payable in respect of the disposal on 30 June 2018 by Albert and Catherine? A RM202,500 B RM217,500 CRM300,000 DRM225.000 7- Mara Sdn Bhd (MS) supplies goods to the local market and is registered for goods and services tax (GST), MSB submits its GST retums on a monthly basis. Details of MSB's transactions in May 2018 are as follows RM GST charged on actual supplies made 60,000 GST charged on acquisition of inventory 18,000 GST paid on acquisition of capital goods 6,000 GST paid on imported services 12.000 GST accounted for on free gifts 1.000 What is the net amount of GST payable to the Royal Malaysian Customs Department by Mara Sdn Bhd for May 2018? A RM25,000 RM49,000 RM37.000 RM43 B n

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