MY Tax Training Session

MY Tax Training Session

https://quizizz.com/

Multiple Choice

1. Which statement is incorrect for SST and WHT MY:

• MY Service Rate (ST)

  is 6%

• MY WHT

  Rate is 10% with/without COR

• Royalty is subject to

  WHT

• Services rendered in

  MY by Foreign Vendor is subject to WHT

Multiple Choice

2. Vendor B (Singapore) is a spare part manufacturer. PMM buy the spare part from vendor B with the details as follows:

- Spare part 3000 SGD

- Courier Charge 500 SGD

What is the SST & WHT Base amount for this transaction?

• No SST and No WHT

• No SST and

  WHT: 500 SGD

• SST: 500 SGD and WHT: 0 SGD

• SST: 3500 SGD and

  WHT: 3500 SGD

Multiple Choice

3. PMM rent a Building from Vendor C ( The apartment is located in Seremban, Malaysia)

For this transaction, do we deduct the WHT?

• Yes

• No

Case

• The vendor provides Management Services In Singapore on March 2020

• What is the SST and WHT Treatment for this transaction?

Multiple Choice

4. What is the SST and WHT Treatment for this transaction?

• No SST and No WHT

• Subject to SST Only

• Subject to WHT Only

• Subject to SST and WHT

Case

• Vendor COMAS bills invoice as seen on the right side.

• The vendor performs the installation in Malaysia.

• What is the WHT Treatment and WHT base Amount (if applicable) for this transaction?

Multiple Choice

5. What is the WHT Treatment and WHT base amount (if applicable) for this transaction?

• No WHT applies

• Subject to WHT.

  WHT Base Amount: 20.500 EUR

• Subject to WHT.

  WHT Base Amount: 24.000 EUR

• Subject to WHT.

  WHT Base Amount: 3.500 EUR

Multiple Choice

6. Hotel room charges ( “room rate” or “accommodation”) are included in WHT base if vendor can provide the hotel reimbursement bills.

• Correct

• Incorrect

How much the amount of Hotel Room charges that can be excluded from the WHT Base Amount?

Multiple Choice

7. How much the amount of Hotel Room charges that can be excluded from the WHT Base Amount?

• £ 184.52

• £ 158.749

• £ 770

• £ 182.458

Case

• The service was performed in Seremban PMM plant on October 2020.

• For traveling expense, there is no Hotel room charges, it was only for the traveling time.

• The vendor (Singapore) didn't provide COR.

• The rental equipment is for the service to be performed (the equipment is the main item to carry out this service job)

• What is the SST Base Amount?

Multiple Choice

8. What is the SST Base Amount?

• No SST applies

• Subject to SST

  WHT Base Amount: 4280 SGD

• Subject to SST

  WHT Base Amount: 2280 SGD

• Subject to SST

  WHT Base Amount: 2000 SGD

Case

• The service was performed in Seremban PMM plant on October 2020.

• For traveling expense, there is no Hotel room charges, it was only for the traveling time.

• The vendor (Singapore) didn't provide COR.

• The rental equipment is for the service to be performed (the equipment is the main item to carry out this service job)

• What is the WHT Base Amount?

Multiple Choice

9. What is the WHT Base Amount?

• WHT Service : 2280 SGD

  WHT Rent Movable: 2000 SGD

• WHT Service : 4280 SGD

• WHT Service : 2280 SGD

• WHT Rent Movable: 2000 SGD

Case

• The service was performed in Seremban PMM plant on October 2020.

• For traveling expense, there is no Hotel room charges, it was only for the traveling time.

• The vendor (Singapore) provides COR FY 2020

• The rental equipment is for the service to be performed (the equipment is the main item to carry out this service job)

• What is the WHT Base Amount and WHT Rate?

Multiple Choice

10. What is the WHT Base Amount and WHT Rate?

• - WHT Service:

  2280 SGD (5%)

  
  

  - WHT Rent Movable: 2000 SGD (5%)

• - WHT Service:

  2280 SGD (5%)

  
  

  - WHT Rent Movable: 2000 SGD (10%)

• - WHT Service :

  2280 SGD (10%)

  
  

  - WHT Rent Movable: 2000 SGD (10%)

• - WHT Service :

  2280 SGD (10%)

  
  

  - WHT Rent Movable: 2000 SGD (5%)

Case

• Vendor CPCS (Cyprus) bills invoices as seen:

• The technical support, helpdesk, and Maintenance were performed by the vendor in Cyprus.

• What is the SST & WHT Base Amount?

Multiple Choice

11. What is the SST and WHT Base Amount?

• SST: 1.841,2 EURO

  No WHT

• SST: 1.841,2 EURO

  WHT: 1.841,2 EURO

• SST: 1.841,2 EURO

  WHT: 320 EURO

• SST: 1.841,2 EURO

  WHT: 1.521,2 EURO

Multiple Choice

12. Vendor A is from Switzerland.

If the vendor provides services that was performed in MY, should we ask the vendor to provide the COR (Certificate of Residence)?

Additional Information:

In DOUBLE TAXATION AGREEMENTS : Technical Fee for Switzerland is 10%

• YES

• NO

CASE

US-ASEAN provides Consultancy services to PMM. The service was performed virtually.

What is the SST and WHT Treatment?

Multiple Choice

13. What is the SST and WHT Treatment?

• No SST and No WHT

• No SST

  WHT Base amount: $3750

• SST Base Amount: $3750

  WHT Base amount: $3750

• No WHT

  SST Base Amount: $3750

Multiple Choice

14. We deduct SST from the Vendor Payment.

• Correct

• Incorrect

Multiple Choice

15. We deduct WHT from the Vendor Payment.

• Correct

• Incorrect

THANK YOU

........