Certified Malaysian Timber Companies Can Now Apply For Tax Deduction On Expenses Incurred In Obtaining COC Certification Under The MTCS
Malaysian timber companies holding the MTCC Certificate for Chain-of-Custody can now apply from the Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negara – LHDN) for tax deduction on expenses incurred when obtaining chain-of-custody (CoC) certification from MTCC under the Malaysian Timber Certification Scheme (MTCS), with effect from the assessment year 2007. The Minister of …


