ISLAMISATION OF TAX REVENUE
Subject: Please Continue To Circulate This Until We Have A FAIR Tax Deduction Policy
SIMPLE
MATHS FOR NERDS
"Our lives
begin to end, the day we become silent about things that matter"
(Dr. Martin Luther King Jr.)
MALAYSIAN
CHINESE & INDIANS, WHAT HAS BECOME OF YOU
??
BEING TAKEN
FOR A RIDE UNASHAMEDLY BY YOUR GOVERNMENT WHO DO NOT SEEM TO HAVE
AN OUNCE OF INTEGRITY !! WHAT A SORRY STATE OF AFFAIRS - WE
MIGHT AS WELL BE RULED BY THE TYRANT MUGABE.
Malaysia tax deduction methods - Judge
for yourselves, is it fair?
When non-Malays do their religious
obligations, it is NOT tax deductable unless the Church or temple
has applied and obtained the approval for tax exemption, which is
normally very stringent and seldom approved..
Even if approved the donation is
restriced to 7% of your aggregate income. (This has been revised
to 10% from YA 2009 for company.)
Whereas zakat qualifies 100% and is tax
deductible.
Example: Ah Peow donates to temple
: RM10,000.
His Annual income : RM100,000.
Tax Relief : RM 23,000 (For Individual)
+ RM 7,000 (For Donation) Chargable income : RM70,000
Tax payable : RM7,125
Ahmad - with same income and relief.
Chargeable income : (RM100,000 – RM23,000) = RM77,000
Tax payable : (Rm7125 + 1680) = RM8,805
Less zakat : RM 10,000.
Tax refundable : RM (1,195)
Ah Peow has the same annual income
& donated the same amount, but he still needs to pay tax of
RM7,125. Yet, Ahmad is entitled to a tax refund of RM1,195. He is
also deemed a dutiful tax payer and honours his religious
obligations. How do you like that?
THIS IS CRUDE
BUT STRAIGHT TO THE POINT !
Do
you know that 90% of the people paying income taxes in Malaysia
are the non-Malays? Yes, you are one of them.
Malays who are taxable usually prefer to
contribute to Zakat (tax deductible from NETT tax) and give to
State Religious bodies (not Govt or Income Tax Dept)
PAY YOUR
TAXES DUDE, SO THAT UMNO CAN ENJOY THEIR LIVES AND CALL YOU
PENDATANGS !
GE13 is
your last chance for CHANGE !
As Patrick
Teoh exclaims, 'You don't have to take to the streets' so
circulate this e-mail!
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