CFP Module 4 Practice Questions - FPAM CFP Certification Module 4 - Retirement And Tax Planning (Malaysia) Exam

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Under Section 7(1)b of the Malaysian Income Tax Act 1967, an individual who is present in Malaysia for less than 182 days in a basis year can still be deemed a resident if that period is linked to another period of 182 or more consecutive days in which basis year(s)?

Only the immediately following basis year Only the immediately preceding basis year Either the immediately preceding or immediately following basis year Any basis year within a five-year period

Correct Answer:

Either the immediately preceding or immediately following basis year

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