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Service Tax
This tax is imposed on certain goods and services provided in certain prescribed establishments.
The goods include
* food
* drinks and
* tobacco
While the main services are
* provision of rooms for lodging
* provision of premises for meetings, conventions, and cultural and fashion shows
* health services, and professional and consultancy services provided by legal, engineering, surveyor, architectural, accounting, advertising, consultancy firms, insurance companies, motor vehicles service and repair centers, telecommunication services, security and guard services, recreational clubs, estate agents, parking space services, courier service firms, dentists, veterinary doctors
* provision of accommodation and food by private hospitals and credit cards companies.
The tax base has been widened to include services
* provided by the car rental agencies licensed under the Commercial Vehicles Licensing Board Act 1987 and having an annual sales turnover of RM300,000 and above;
* employment agencies having an annual sales turnover of RM150,000 and above; and
* companies providing management services including project management/coordinating services having an annual sales turnover of RM300,000 and above.
Currently, all large hotels having more than 25 rooms and restaurants within or outside hotels are subject to this tax.
Generally, the imposition of service tax is subject to a specific threshold based on annual turnover ranging from RM150,000 to RM500,000.
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| Knowledge Base ID | : | 1342 |
| Last Review | : | May 31, 2001 |
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