ACCA考官文章3.pdf

technical student accountant ThE TAxATION OF INCOmE FROm REgIONAL hUbs RELEVANT TO ACCA QUALIFICATION PAPER P6 (mys) Operational headquarters companies (OHQs), regional distribution centre companies (RDCs), and international procurement centre companies (IPCs) are covered by the Study Guide for Paper P6 (MYS) in item A2(c)(xii). Each is covered by a separate PU Order, but as they have many similarities it is convenient to deal with all of them in one article. OPERATIONAL HEADQUARTERS COMPANY – OHQ The exemption An OHQ is a company operating in Malaysia which provides qualifying This is a two-part exemption. One part consists of statutory income services and which is approved by the Minister of Finance. The from the provision of qualifying services and is fully exempt. The types of services provided by an OHQ that may qualify as qualifying other part consists of the provision of services in Malaysia, and services include general management and administration, business for this part, the statutory income is exempt subject to an overall planning and coordination, marketing control and sales promotion limit based on 20/80ths of the gross income from the provision of planning, training and personnel management, and treasury and fund qualifying services. The amount exempted is credited to an exempt management services. The full list of qualifying services is available income account from which two-tier exempt dividends can be on the Malaysian Industrial Development Authority (MIDA) website. distributed. This should not be dismissed out of hand because many Candidates are not required to memorise these. However, they do companies will continue to pay taxed dividends out of non-exempt need to know the meaning of certain statutory expressions and these income throughout the period of transition to the single-tier system