Emerald Sdn Bhd

Section 4 (C) Dividend income - RM RM RM Permitted expenses:

- isb Exempted -
- Foreign Exempted -
-
Section 4 (C) Interest income - 30,000.00 -
-
Less: Expenses -
- Interest incurred (35,000.00) -
Adjusted income - -
-
Section 4 (D) - Royalty income 50,000.00 -
-
Section 4 (D) - Rental income 250,000.00 -
-
Less: Expenses
Interest incurred 24,000.00
- Assessment 20,000.00
- Repair and maintenance 33,000.00 (77,000.00) -
173,000.00 -
223,000.00 -
Less : Function of permitted expenses

AX(B/4C) = 108,500X330,000(4x621,000) -
= 14,414 -
-
OR

5% of B = 0.05 of 330,000
=16500

Whichever is the LOWER (14,414.00)

Approved donation (10,000.00)
10% of AI (223,000)
198,586.00
Tax payable @ 24% 49646.44
Permitted expenses: RM
Director remuneration 30,000.00
Employee salary 20,000.00
Accoutning fee and secretarialo fee 10,000.00
Audit fee 5,000.00
Printing and stationeray 2,500.00
Food -
Management fee 1,000.00
Rental and maintenance fee ( for office 40,000.00
Entertainment -
Interest incurred on share acquired -
Interest incurred on deposit placed -
Find management expenses ( on Share -
Depreciation -
108,500.00 A

Royalty 50,000.00
Interest 30,000.00
Rent 250,000.00
330,000.00 B

Dividend (Malaysia ) 80000

Dividend ( Foreign ) 125000
Gain from realisation of investment 86000
621,000.00 C