An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia

Malaysian tax system includes a tax depreciation rule separate from accounting depreciation. This paper is to compares and contrasts the accounting treatment of depreciation and the tax treatment of capital allowance. The gap between the accounting and tax is resulted from different definitions of c...

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Main Authors:	Yussof, Salwa Hana, Mohd. Isa, Khadijah, Mohdali, Raihana
Format:	Article
Language:	English
Published:	Elsevier 2014
Subjects:	HF5601 Accounting. Bookkeeping HJ2240 Revenue. Taxation
Online Access:	http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/1/salwa_hana.pdf

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recordtype	eprints
spelling	iium-510592018-01-23T02:30:29Z http://irep.iium.edu.my/51059/ An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia Yussof, Salwa Hana Mohd. Isa, Khadijah Mohdali, Raihana HF5601 Accounting. Bookkeeping HJ2240 Revenue. Taxation Malaysian tax system includes a tax depreciation rule separate from accounting depreciation. This paper is to compares and contrasts the accounting treatment of depreciation and the tax treatment of capital allowance. The gap between the accounting and tax is resulted from different definitions of capital expenditure and qualifying asset and also different deduction rate and useful life used in calculating depreciation. This paper proposes the government to revise the current capital allowance system. Elsevier 2014-12-31 Article PeerReviewed application/pdf en http://irep.iium.edu.my/51059/1/salwa_hana.pdf Yussof, Salwa Hana and Mohd. Isa, Khadijah and Mohdali, Raihana (2014) An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia. Procedia Social and Behavioral Sciences, 164. pp. 351-357. ISSN 1877-0428 http://www.sciencedirect.com/science/article/pii/S1877042814059072 10.1016/j.sbspro.2014.11.087
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5601 Accounting. Bookkeeping HJ2240 Revenue. Taxation
spellingShingle	HF5601 Accounting. Bookkeeping HJ2240 Revenue. Taxation Yussof, Salwa Hana Mohd. Isa, Khadijah Mohdali, Raihana An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
description	Malaysian tax system includes a tax depreciation rule separate from accounting depreciation. This paper is to compares and contrasts the accounting treatment of depreciation and the tax treatment of capital allowance. The gap between the accounting and tax is resulted from different definitions of capital expenditure and qualifying asset and also different deduction rate and useful life used in calculating depreciation. This paper proposes the government to revise the current capital allowance system.
format	Article
author	Yussof, Salwa Hana Mohd. Isa, Khadijah Mohdali, Raihana
author_facet	Yussof, Salwa Hana Mohd. Isa, Khadijah Mohdali, Raihana
author_sort	Yussof, Salwa Hana
title	An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
title_short	An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
title_full	An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
title_fullStr	An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
title_full_unstemmed	An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia
title_sort	analysis of the gap between accounting depreciation and tax capital allowance in malaysia
publisher	Elsevier
publishDate	2014
url	http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/ http://irep.iium.edu.my/51059/1/salwa_hana.pdf
first_indexed	2023-09-18T21:12:14Z
last_indexed	2023-09-18T21:12:14Z
_version_	1777411328925761536

An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia

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