Wednesday, 28 Apr 2021 07:31 PM MYT
In the statement issued by HLWE today, it said the original tax-exempt status was granted for incomes such as the surplus revenue from medical services, other incomes such as rental and interest, as well as donations and contribution from the public for development, medical services or welfare aid for patients.
“The new tax-exempt approval from MOF is limited to donations from the public to the new welfare fund to be set up in accordance to the Inland Revenue Board’s new policy guidelines.
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