Residence Status Quiz

What is the significance of residence status for tax purposes?

• Determining the individual's tax liability

• Determining the individual's nationality

• Determining the individual's employment status

• Determining the individual's educational background

How many days must an individual be in Malaysia to qualify as a resident under Section 7(1)(a) of the Income Tax Act 1967?

• 90 days or more

• Less than 182 days

• Less than 90 days

• 182 days or more

What is the quantitative test used to determine the residence status of an individual taxpayer?

• Number of vehicles registered in Malaysia

• Number of properties owned in Malaysia

• Number of family members in Malaysia

• Number of days present in Malaysia

What is the tax rate for a non-resident company in Malaysia?

• 24%

• 5%

• 30%

• 17%

Under Section 7(1)(b) of the Income Tax Act 1967, what qualifies as a temporary absence from Malaysia?

• Visiting a friend in a neighboring country

• Attending a conference abroad

• Studying abroad for a semester

• Going on a vacation within Malaysia

What is the tax treatment for employment income derived from Malaysia for a non-resident individual?

• Exempted from income tax

• Taxable regardless of working days

• Exempted if it satisfies the 60-day test

• Taxed at a flat rate of 24%

What is the tax rate for a resident company in Malaysia under the company is SME company for the 1st RM600,000?

• 24%

• 5%

• 17%

• 30%

What is the deemed residence status under Section 7(1B) of the Income Tax Act 1967?

• Deemed resident for fully-sponsored studies abroad

• Deemed resident for existence of link period and temporary absence

• Resident for 182 days or more

• Resident for 90 days or more

What qualifies an individual to be deemed a resident under Section 7(1)(d) of the Income Tax Act 1967?

• Not being in Malaysia for 90 days

• Being a resident for 3 years before and 1 year after

• Staying in Malaysia for 90 days or more

• Being a non-resident for 3 years