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

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

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Abstract

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.

Item Type:	Article (Journal)
Additional Information:	6971/51059
Uncontrolled Keywords:	Accounting; taxation; tax depreciation; capital allowance; Malaysia
Subjects:	H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5601 Accounting. Bookkeeping H Social Sciences > HJ Public Finance > HJ2240 Revenue. Taxation
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Dr Salwa Hana Yussof
Date Deposited:	19 Jul 2016 09:02
Last Modified:	23 Jan 2018 10:30
URI:	http://irep.iium.edu.my/id/eprint/51059

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• An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia. (deposited 30 Jan 2015 10:57)
  • An analysis of the gap between accounting depreciation and tax capital allowance in Malaysia. (deposited 19 Jul 2016 09:02) [Currently Displayed]

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