Exam (elaborations)
ENN1504 Exam pack 2024(Questions and answers)
- Course
- ENN1504
- Institution
- University Of South Africa
ENN1504 Exam pack 2024(Questions and answers) With accurate answers and assurance that they are in the exam.
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ENN1504 EXAM PACK 2024QUESTIONS AND ANSWERS
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,INVESTMENT TAX
ALLOWANCE
REINVESTMENT
ALLOWANCE
TAX INCENTIVES
,INVESTMENT TAX ALLOWANCE
ITA is for a company participating or
intending to participate in a promoted
activity in Malaysia or in the production
of a promoted product.
Such company can make an application
to MIDA for such allowance.
Available to manufacturing,
agriculture, hotel and tourism business.
, TAX TREATMENT S 29A
ITA will be given on QE incurred within
5 years from the date from which the
approval is to take effect.
A flat rate of 60% of qualifying capital
expenditure incurred for the purpose of
that promoted activity or product will
be given as ITA s 29A (2)
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