The Malaysia and Singapore Tax Cases Digest classifies selected and important cases from MSTC into the respective subject areas, accompanied by commentary on the cases. The judgments will not be reproduced but condensed and focused.

• Topic classification: Tax cases in this publication are classified into subject areas making it easier to research for cases.
• Commentary & Opinion: The publication provides commentary written by legal experts to digest the judgments to enable easy understanding of the basis of the decision in the cases.
• Case references: Contains case references and relevant case quotes from Singapore and overseas (landmark cases), including cases from the US and UK.
• Cross-references: As cases do not fall squarely into one area, this publication contains cross referencing of the cases to other topic areas.

Contents Includes:

• Assessment of income — explains on capital and revenue receipt, the badges of trade; tax residence in Malaysia, how income such as dividend, interest and rental is taxed, etc.
• Deduction of expenses — explains the cases which argue on the principle of ‘wholly and exclusively’, the test of deductibility, cases on business expenses.
• Capital allowance ? incentives? special cases — the concept of capital allowance, understanding what qualifies as plant, the meaning of factory and relevant case law. Also include cases for reinvestment allowance. The chapter also covers special classes of income such as whether the income is classify as s 4(a) or s 4A income.
• Returns ? assessments ? appeals — understanding the obligation to furnish information as discussed in the relevant cases, meaning of assessments, the appeal process etc.
• Tax administration —discussion of the tax administration via case authorities.
• Real property gains tax — background of real property gains tax, understanding capital gains; acquisition and disposal of assets, etc.
• Tax avoidance — understanding the anti-avoidance provisions, altering the incidence of tax, scheme of tax avoidance etc.

Product Includes:

• 1 single-user online licence
• Approximately 3 updates