A lot of property investors will rely on rental income of their properties to pay for the monthly mortgage payment and may be gain some positive cash flow. However, those rental income are taxable based on Malaysia Taxation Law.

Attachments:

Malaysia Taxation on Rental Income

[Public Ruling 1 of 2004 - Income from letting real property]

115 Kb

Ordinary shares or ordinary stock as they are commonly known are normally issued with a face value of either $0.10 each or $1 each.