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1. EVOLUTION OF TAXATIONMalaysian Taxation Community

2. Fees paid by the rich to
get protection from the
government.MEANS
THERE WAS
A TIME
WHEN TAX

3. AS TIME PROGRESS
FORWARD TO POST
WORLD WAR II
• Homes are destroyed.
• Man are injured.
• Children are orphaned.
• Government are broke.

4. GOVERNMENTIS IN NEED OF
TO RECONSTRUCT THE COUNTRY

5. no longer just on the rich and wealthy
TAX WAS IMPOSEDON THE MIDDLE CLASS

6. AT FIRST IT WAS ONLY ON …
Excess earned by employee
over the average cost of living

7. AT FIRST IT WAS ONLY ON …
Excess earned by employee
over the average cost of living
Exemption was provided on the first
income earned, so that average
person could live on their regular
earnings and only tax on excess
which would otherwise goes into
investment.

8. THE GREAT DISCOVERY
# Change in tax law affects behavior of the people.

9. THE GREAT DISCOVERY
# Change in tax law affects behavior of the people.
If government give incentives to
invest in business, many people
would invest in business.

10. THE GREAT DISCOVERY
# Change in tax law affects behavior of the people.
If deduction given to buy books,
more people would buy books.

11. From simple revenue raising vehicle
EVOLUTION
OF TAXATION

12. From simple revenue raising vehicle tax law evolves
into the vast array of laws that governed
economic activities of the land.
EVOLUTION
OF TAXATION

13. AS ECONOMYAND SOCIAL POLICIES CHANGES,
TAX LAW ARE ALTERED SIMULTANEOUSLY.

14. NOW IT IS THE KEY
COMPONENT IN ANNUAL
NATIONAL FISCAL POLICY.

15. IN MALAYSIA
MINISTRY OF FINANCE WILL
ANNOUNCETHE KEY CHANGES
IN TAX LAW TOGETHER WITH
THE NATIONAL BUDGET.

16. Will be held on 25th Oct 2013.
BUDGET

17. NOW THAT YOU KNOW THE
DRIVING FACTOR OF TAXATION.
ITS TIME TO GET TO KNOW MORE
ABOUT HOW IT WORKS.

18. LIKE US ON FACEBOOK TO GET
UPDATES ON HOW IT WORKS.
www.facebook.com/malaysiantaxationcommunity

19. The key to slash down on tax !
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