This Ruling explains:
- the tax treatment in relation to benefits-in-kind (BIK) received by an employee from his employer for exercising an employment; and
- the method of ascertaining the value of BIK in order to determine the amount to be taken as gross income from employment of an employee
The above Public Ruling can be viewed and downloaded from the IRB’s website at the following link: http://www.hasil.gov.my/pdf/pdfam/PR2_2004.pdf
Also, its 1st to 4th Addendum can be viewed and downloaded from the IRB’s website at the following link:
1st Addendum : http://www.hasil.gov.my/pdf/pdfam/PR2_2004_Add1.pdf
2nd Addendum : http://www.hasil.gov.my/pdf/pdfam/PR2_2004_Add2.pdf
3rd Addendum : http://www.hasil.gov.my/pdf/pdfam/PR2_2004_Add3.pdf
4th Addendum : http://www.hasil.gov.my/pdf/pdfam/PR2_2004_Add4.pdf
