Income Tax Act 1967

The Income Tax Act 1967 (Malay: Akta Cukai Pendapatan 1967), is a Malaysian law establishing the imposition of income tax.

Income Tax Act 1967
Parliament of Malaysia
Long title An Act for the imposition of income tax.
Citation	Act 53
Territorial extent	Throughout Malaysia
Passed by	Dewan Rakyat
Passed	24 August 1967
Enacted	1967 (Act No. 47 of 1967) Revised: 1971 (Act 53 w.e.f. 21 October 1971)
Enacted by	Dewan Negara
Effective	28 September 1967
Legislative history
First chamber: Dewan Rakyat
Bill title	Income Tax Bill 1967
Introduced by	Tan Siew Sin, Minister of Finance
First reading	21 August 1967
Second reading	24 August 1967
Third reading	24 August 1967
Second chamber: Dewan Negara
Bill title	Income Tax Bill 1967
Member(s) in charge	Ng Kam Poh, Assistant Minister of Finance
First reading	28 August 1967
Second reading	29 August 1967
Third reading	29 August 1967
Amended by
Income Tax (Amendment) Act 1967 [Act 77/1967] Income Tax (Transitional Provisions) Order 1968 [P.U. 144/1968] Income Tax (Amendment) Act 1969 [Act A13] Resolution under s. 127(2) [P.U. (B) 146/1969] Income Tax (Amendment to Schedule 6) Order 1969 [P.U. (A) 510/1969] Emergency (Essential Powers) Ordinance No. 38, 1970 [P.U. (A) 256/1970] Income Tax (Amendment) Act 1971 [Act A32] Income Tax (Amendment) (No.2) Act 1971 [Act A60] Income Tax (Amendment) Act 1972 [Act A98] Income Tax (Amendment) (No.2) Act 1972 [Act A108] Income Tax (Amendment) Act 1973 [Act A158] Amendment to Part II of Schedule 6 [P.U. (A) 266/1974] Amendment to Part II of Schedule 6 [P.U. (A) 267/1974] Amendment to Part II of Schedule 6 [P.U. (A) 328/1974] Income Tax (Amendment) Act 1974 [Act A225] Income Tax (Amendment) (No. 2) Act 1974 [Act A226] Income Tax (Amendment) (No.3) Act 1974 [Act A227] Income Tax (Amendment) Act 1975 [Act A273] Malaysian Currency (Ringgit) Act 1975 [Act 160] Income Tax (Amendment) Act 1976 [Act A344] Amendment to Part I of Schedule 6 [P.U. (B) 50/1976] Amendment to Part II of Schedule 6 [P.U. (B) 303/1976] Amendment to Part II of Schedule 6 [P.U. (B) 186/1977] Amendment to Part II of Schedule 6 [P.U. (B) 187/1977] Amendment to Part II of Schedule 6 [P.U. (B) 363/1977] Amendment to Part II of Schedule 6 [P.U. (B) 364/1977] Amendment to Part II of Schedule 6 [P.U. (B) 365/1977] Income Tax (Amendment) Act 1977 [Act A380] Income Tax (Amendment) Act 1978 [Act A429] Subordinate Courts Amendment Act 1978 [Act A434] Income Tax (Amendment) Act 1979 [Act A451] Amendment to Part I of Schedule 6 [P.U. (B) 421/1979] Amendment to Part II of Schedule 6 [P.U. (B) 422/1979] Amendment to Part II of Schedule 6 [P.U. (B) 423/1979] Income Tax (Amendment) Act 1980 [Act A471] Finance Act 1981 [Act 241] Revision of Laws (Income Tax Act 1967) Order 1981 [P.U. (A) 161/1981] Finance Act 1982 [Act 264] Finance (No. 2) Act 1982 [Act 274] Finance Act 1983 [Act 293] Finance Act 1984 [Act 309] Finance Act 1985 [Act 315] Finance (No. 2) Act 1985 [Act 323] Income Tax (Amendment) Act 1986 [Act A643] Finance Act 1986 [Act 328] Finance Act 1987 [Act 337] Finance Act 1988 [Act 364] Income Tax (Transitional Provisions) Order 1989 [P.U. (A) 212/1989] Finance Act 1990 [Act 420] Income Tax (Transitional Provisions) Order 1990 [P.U. (A) 266/1990] Finance (No.2) Act 1990 [Act 421] Income Tax (Amendment) Act 1990 [Act A774] Finance Act 1991 [Act 451] Revision of Laws (Rectification) Order 1991 [P.U.(A) 406/1991] Finance Act 1992 [Act 476] Finance Act 1993 [Act 497] Finance Act 1994 [Act 513] Finance Act 1995 [Act 531] Finance Act 1996 [Act 544] Income Tax (Amendment) Act 1996 [Act A955] Finance Act 1997 [Act 557] Income Tax (Amendment) Act 1997 [Act A998] Finance Act 1998 [Act 578] Tax Laws (Amendment) Act 1998 [Act A1028] Finance (No. 2) Act 1998 [Act 591] Income Tax (Amendment) Act 1999 [Act A1055] Income Tax (Amendment) (No. 2) Act 1999 [Act A1069] Finance Act 2000 [Act 600] Income Tax (Amendment) Act 2000 [Act A1093] Finance (No. 2) Act 2000 [Act 608] Finance Act 2002 [Act 619] Income Tax (Amendment) Act 2002 [Act A1151] Revision of Laws (Rectification of Income Tax Act 1967) Order 2002 [P.U. (A) 338/2002] Finance (No. 2) Act 2002 [Act 624] Finance Act 2003 [Act 631] Finance Act 2004 [Act 639] Finance Act 2005 [Act 644]
Related legislation
Income Tax Ordinance 1956 of Sabah [29 of 1956] Inland Revenue Ordinance 1960 of Sarawak [13 of 1960] Income Tax Ordinance 1947 [M.U. 48 of 1947] Housing Trust Ordinance 1950 [F.M. 62 of 1950] Petaling Jaya Ordinance 1954 [F.M. 36 of 1954] Land Development Ordinance 1956 [F.M. 20 of 1956] Central Bank of Malaysia Ordinance 1958 [F.M. 61 of 1958] Racing (Totalizator Board) Act 1961 [F.M. 10 of 1961] Sarawak Electricity Supply Corporation 1962 [F.M. 25 of 1962]
Keywords
Income tax
Status: In force

Structure

The Income Tax Act 1967, in its current form (1 January 2006), consists of 10 Parts containing 156 sections and 9 schedules (including 77 amendments).

• Part I: Preliminary
• Part II: Imposition and General Characteristics of the Tax
• Part III: Ascertainment of Chargeable Income
  • Chapter 1: Preliminary
  • Chapter 2: Basis years and basis periods
  • Chapter 3: Gross income
  • Chapter 4: Adjusted income and adjusted loss
  • Chapter 5: Statutory income
  • Chapter 6: Aggregate income and total income
  • Chapter 7: Chargeable income
  • Chapter 8: Special cases
• Part IV: Persons Chargeable
• Part V: Returns
• Part VI: Assessments and Appeals
  • Chapter 1: Assessments
  • Chapter 2: Appeals
• Part VII: Collection and Recovery of Tax
• Part VIIA: Fund for Tax Refund
• Part VIII: Offences and Penalties
• Part IX: Exemptions, Remission and Other Relief
• Part IXA: Special Incentive Relief
• Part X: Supplemental
  • Chapter 1: Administration
  • Chapter 2: Controlled companies and powers to protect the revenue in case of certain transactions
  • Chapter 3: Miscellaneous
• Schedules