Professional Documents
Culture Documents
RM RM
Sales 1,200,000
Less : Cost of goods sold
Depreciation of machinery 25,000
Provision for general doubtful debts 80,000
Purchase of stocks 300,000
Provision for obsolete stock 5,000
You are required to discuss TEN (10) tax planning strategies for MyFTistooOhsem Bhd
which will minimize the income tax liability.