Page 109 - Malaysia 2016
P. 109
2016 109
consumers effective from 1 January (RM320 mil), Samalaju Industrial Park,
2016 to 31 December 2016. Sarawak (RM142 mil) & Palm Oil Jetty
in Sandakan, Sabah (RM20 mil)
Strenthening The Income Tax Structure
17) Various Funds under MIDA – RM730
9) Introduce new band of taxable
income: mil
• Focus on chemical, electrical &
electronics, machinery &
“INCOME BAND” “EXISTING RATE” “NEW RATE” equipment, aerospace and
“RM600,001 – medical devices industries as well
RM1,000,000”
“25%” “26%” as services.
“> RM1,000,000” “25%” “28%” 18) Special Reinvestment Allowance
in manufacturing and agriculture
FIRST PRIORITY sectors for existing companies.
• The rate of claim is at 60% of
Strengthening Economic Resilience the qualifying capital expenditure
and allowed to be set off against
Boosting Domestic Investment 70% of statutory income from
year of assessment 2016 to 2018.
The contribution of domestic investment
to GDP is estimated at 26.7% in 2016 Invigorating Capital Market
10) Development of the Malaysian Vision 19) Tax deduction on issuance costs
Valley – RM5 bn of Sustainable and Responsible
• Covering 108,000 hectares from Investments (SRI) sukuk and 20%
Nilai to Port Dickson stamp duty exemption on Shariah-
compliant loan instruments to finance
11) Implementation of Cyber City Centre the purchase of houses. ENERGISING
in Cyberjaya – RM11 bn SMALL AND MEDIUM ENTERPRISES
(SMEs) SMEs expected to contribute
41% of GDP by 2020
12) Development of KLIAAeropolis 20) Shariah-Compliant SME Financing
covering 1,300 acres – RM7 bn Scheme until 31 December 2017
• The Government will subsidise 2%
13) High-impact domestic projects by of the financing profit rate
Khazanah Nasional Berhad – RM6.7
bn 21) Implement SME Blueprint – RM107 mil
• Healthcare, education, tourism, • Provide funds at various stages of
communication software & business development
infrastructure
22) Strengthen competitiveness of
14) Khazanah allocates RM500 mil for
venture capital & private equity fund, entrepreneurs – RM60 mil
including tourism capital venture
fund of RM50 mil • Entrepreneurs Transformation
15) RAPID Complex Project in Pengerang, Scheme
Johor - RM18 bn
• SME Capacity and Capability
16) Investment in economic corridors –
Development of Rubber City, Kedah Enhancement Scheme
23) Establish SME Technology
Transformation Fund under SME Bank
to provide soft loans at 4% – RM200
mil
consumers effective from 1 January (RM320 mil), Samalaju Industrial Park,
2016 to 31 December 2016. Sarawak (RM142 mil) & Palm Oil Jetty
in Sandakan, Sabah (RM20 mil)
Strenthening The Income Tax Structure
17) Various Funds under MIDA – RM730
9) Introduce new band of taxable
income: mil
• Focus on chemical, electrical &
electronics, machinery &
“INCOME BAND” “EXISTING RATE” “NEW RATE” equipment, aerospace and
“RM600,001 – medical devices industries as well
RM1,000,000”
“25%” “26%” as services.
“> RM1,000,000” “25%” “28%” 18) Special Reinvestment Allowance
in manufacturing and agriculture
FIRST PRIORITY sectors for existing companies.
• The rate of claim is at 60% of
Strengthening Economic Resilience the qualifying capital expenditure
and allowed to be set off against
Boosting Domestic Investment 70% of statutory income from
year of assessment 2016 to 2018.
The contribution of domestic investment
to GDP is estimated at 26.7% in 2016 Invigorating Capital Market
10) Development of the Malaysian Vision 19) Tax deduction on issuance costs
Valley – RM5 bn of Sustainable and Responsible
• Covering 108,000 hectares from Investments (SRI) sukuk and 20%
Nilai to Port Dickson stamp duty exemption on Shariah-
compliant loan instruments to finance
11) Implementation of Cyber City Centre the purchase of houses. ENERGISING
in Cyberjaya – RM11 bn SMALL AND MEDIUM ENTERPRISES
(SMEs) SMEs expected to contribute
41% of GDP by 2020
12) Development of KLIAAeropolis 20) Shariah-Compliant SME Financing
covering 1,300 acres – RM7 bn Scheme until 31 December 2017
• The Government will subsidise 2%
13) High-impact domestic projects by of the financing profit rate
Khazanah Nasional Berhad – RM6.7
bn 21) Implement SME Blueprint – RM107 mil
• Healthcare, education, tourism, • Provide funds at various stages of
communication software & business development
infrastructure
22) Strengthen competitiveness of
14) Khazanah allocates RM500 mil for
venture capital & private equity fund, entrepreneurs – RM60 mil
including tourism capital venture
fund of RM50 mil • Entrepreneurs Transformation
15) RAPID Complex Project in Pengerang, Scheme
Johor - RM18 bn
• SME Capacity and Capability
16) Investment in economic corridors –
Development of Rubber City, Kedah Enhancement Scheme
23) Establish SME Technology
Transformation Fund under SME Bank
to provide soft loans at 4% – RM200
mil
