SE Lai CK Alerts #02-2014 (Public Ruling 1-2014)

Important Circular 

Dear Value Clients and Associates 

The following Public Ruling have been issued by the IRB recently: 

Public Ruling 1-2014 – Withholding Tax on Special Classes of Income (Issued 23 Jan 2014)

  1. Explains the following:
    • Special classes of income chargeable to tax under S4A ITA, 1967
    • Deduction of tax from special classes of income
    • Impact of not deducting and remitting tax deducted
  2. Replaces PR 4-2005 and all related Addendums


PDF copies of the above Public Rulings are attached for your kind attention and reference.

Please do not hesitate to contact us should you require clarifications on the above.

 21 February 2014