Income Tax Public Ruling – Property Development

Take a quick glimpse into one of the key provision in IR 9-2022 Property Development – Income Recognition for Property Development Company.

One of the key aspect of property development company is the length of the project that can span over a few years and whether how would Inland Revenue assess the income arising from a property development company? Will IRB use an estimated value or actual value? How does an estimate being derived? This video will tackle all these questions.

This public ruling can be downloaded from this link

Other Public Ruling issued by Inland Revenue Malaysia can be accessible HERE

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