INCOME TAXES – MUST PAY???

CURRENT INCOME TAX VS DEFFERED INCOME TAX

Which tax must pay and which don’t have to pay?

Get confused when you see in your income statement there is a tax amount declared but you don’t have to pay all the tax amount you need to pay some of the amount only

Income tax – Need to pay to TAX OFFICE (in Malaysia Tax Office is LHDN )
Source : https://www.cpdbox.com/ias-12-income-taxes/

For better understanding click here

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