Difference between revisions of "8. Digital service tax briefcase"

From eStream Software
Jump to: navigation, search
(Taxable Person)
(Taxable Person)
Line 9: Line 9:
 
==Taxable Person==
 
==Taxable Person==
 
1. Foreign Service Provider (FSP)  
 
1. Foreign Service Provider (FSP)  
* any person who is outside Malaysia providing any digital service to a consumer directly
+
* any person who is outside Malaysia providing any digital service to a consumer directly
* any person who is outside Malaysia operating an online platform for buying and selling goods  
+
* any person who is outside Malaysia operating an online platform for buying and selling goods  
* providing services (whether or not such person provides any digital services) who makes transactions for provision of digital services on behalf of any person
+
* providing services (whether or not such person provides any digital services) who makes transactions for provision of digital services on behalf of any person
 
2. Threshold exceed RM500,000 (historical or future 12 months)
 
2. Threshold exceed RM500,000 (historical or future 12 months)

Revision as of 03:04, 16 January 2020

Digital Service Tax

New service tax effectively come into operation on 1 January 2020.

Characterics

  • delivered or subscribed over the internet or other electronic network
  • delivered throught information technology medium (human eye cannot see and touch)
  • minimal or no human intervention (eg. automation, click to subscribe and consume)

Taxable Person

1. Foreign Service Provider (FSP)

  • any person who is outside Malaysia providing any digital service to a consumer directly
  • any person who is outside Malaysia operating an online platform for buying and selling goods
  • providing services (whether or not such person provides any digital services) who makes transactions for provision of digital services on behalf of any person

2. Threshold exceed RM500,000 (historical or future 12 months)