Monday, September 25, 2006

malaysian chinese not marginalised ???

old man lee said Malaysian Chinese were being marginalised.

pak lah said old man lee statement was not fair and inappropriate

najib said it was naughty

syed said he was ter-nga-nga

"The Barisan Nasional, he added, was a responsible government that looked after the interests of all the communities and the Chinese, through the MCA and other parties, were involved in the Government’s power-sharing process."

ducky said you want proof ?

income tax public rulling 6/2006


Deductible legal and professional expenses

blah blah blah.....................

5.3 Preparation of accounts
(a) Ordinary expenses of keeping books and preparing financial records
and accounts including charges for accountancy work.
(b) Statutory audit fees expenditure [P.U.(A) 129 - Income Tax (Deduction
For Audit Expenditure) Rules 2006]

Non-deductible legal and professional expenses

blah blah blah.....................

6.3 Annual corporate filings and meeting expenses
(a) Secretarial fees.
(b) Annual general meeting expenses.

6.4 Income tax returns
(a) Cost of filing of tax returns and tax computations.
(b) Cost of appeal against income tax assessment i.e. to the Special Commissioners of Income Tax and the Courts.

for whatever reasons you want to think, this is what ducky says:-

bumi audit firm + bumi audit partners, quite a large number.
bumi tax agent & bumi secretarial ? very very little.

since both sec fee & tax fee is not a deductable item, i cant see us raising our fees in any near future, who the fuck would want to pay extra fees and cannot be a deductable item in the tax comp ? and further more our responsibility and accountability has been increased further. is like more responsibility for less pay.

how i see is the gamen fucking with my rice bowl here.

how about lawyers you ask ?

most of these expenses that are disallowed are already more or less being disallowed. such as properties and banking facilites.

inaccurate understanding ?

4 comments:

A Voice said...

From www.beritakmu.net

Are the Chinese discriminated in Malaysia?

Are the Chinese discriminated against in Malaysia? Looks like what is good for the goose is not good for the gender. This is in so far as Singapore’s long standing veteran leader and Minister Mentor, Lee Kuan Yew is concerned.

In a forum in Singapore in conjunction with the World Bank/IMF meeting there last Friday, he condescendingly accused Indonesia and Malaysia of marginalising the Chinese. To him both Indonesia and Malaysia are discriminating against the Chinese.

It looks as if he doesn’t know his facts (which is odd considering the worldwide accolade attributed to his legendary intellect) or if he does then he had purposely feigned ignorance. More of this later at least in so far as Malaysia is concerned.

It is also odd that the Minister Mentor deem it fit to derogatorily comment on a sensitive domestic issue of Malaysia. Singapore do not brook any nonsense over anything they deem to be interfering in their domestic affairs. But what is no go for others is OK for them? Isn’t Lee’s comments not interfering in our domestic affairs? Is it now open season for the Singapore leaders to pass negative remarks/judgements about its neighbours?

But woe betide a foreigner if he so much as hint negatively on a sensitive domestic issue of the island republic. The Singapore leadership is legendary in not allowing such things and will not rest until they can clean out anyone brave enough to make such remarks on its domestic issues through its courts.

A number of foreign newspapers and periodicals that have crossed such lines had the unpleasant task of meeting head-on with Lee and company resulting in them meekly becoming compliant to the dictates of the island state apart from suffering monetary losses.

But what exactly did the Minster Mentor said? The Singapore Straits Times Interactive quoted him thus: “My neighbours both have problems with their Chinese. They are successful, they're hard-working and therefore they are systematically marginalised, even in education. And they want Singapore, to put it simply, to be like their Chinese, compliant.” So said the great champion of the Nanyang Chinese.

In response to a question, Lee said it was important for Singapore to have a government that was 'really firm, stout-hearted, subtle and resolute', noting that the attitude of Malaysia and Indonesia towards the Republic was shaped by the way they treated their own ethnic Chinese minorities, according to Straits Times Interactive.

What does it mean when he said the Chinese here are being systematically marginalised? Don’t the Chinese have a share in governing the country? Isn’t there power sharing among the Malay, Chinese and Indian political parties? Do the Malaysian government though dominated by the majority Malays curtailed the Chinese from carrying out their various endeavours? Do they not have a share of the economic cake, in fact the major share?

Lee attributed the Chinese success to their being hard working and diligent. But this is only half the story. It is not as if they are not given any chance at all in getting government largesse. Most of the Chinese enterprises big and small continue to get government jobs and tenders? Even when a Malay/Bumiputera enterprise obtained government tenders, the Chinese businesses is still not left out. They continue to benefit from the Malay contractors and will still have a share the job in some instances even the majority share. But can the Malay contractor expect the same treatment from a Chinese enterprise/business? How many Malay contractors have won tenders from Chinese owned enterprises/conglomerates?

In any case a company 51 percent owned by the Malays, meaning 49 percent is owned by the non-Malays, is still deemed a Bumiputera company. So even if it gets a government job the Chinese still have a very substantial share. But can the same be said of a Chinese company? Invariably it would be 100 percent owned by the Chinese.

It is the Malays who often times get only the crumbs. Of course in some instances it is the Malays themselves who are to be blamed if and when they are only interested in becoming rent seekers.

Thus the country’s economy is still in the hands of the Chinese. For a Malay contractor who gets a tender to build a building, he will need various supplies and materials. Invariably these can only be obtained from a Chinese distributor or wholesaler. Even when they do the work themselves, they still need to get supplies from the Chinese merchants who continue to monopolise the wholesale and distribution businesses.

And often times he is the one who gets discriminated against. A Chinese contractor is said to be able to purchase his supplies at a discounted rate which a Malay contractor do not enjoy. The Chinese contractor is also given longer credit terms sometimes up to six months whilst his Malay counterpart not only have to settle cash on delivery terms without the discount. And even if he can get credit it will be at a much shorter period of credit.

There are other cases of discrimination. Even in employment for example when for no valid reason a profiency in Mandarin is required even for a job as a salesgirl in a retail outlet at a shoping complex patronised by the Malays.

Yet the Malays continued to get the brickbats that the Chinese are discriminated against and the latest from the Nanyang Chinese champion himself.

One good criteria to measure whether the Chinese are discriminated against or not is the differentials in their per capita earnings. Latest figures supplied by the government say for every ringgit the Malay earns, the Chinese earns RM1.64. But no matter that this figure is disputed because prior to this the ratio had always show a widening gap from 1:1.6 some five or six years ago to 1:1.7 then 1:1.8 and even 1:2.04 a couple of years back. But suddenly the latest seem to show this ratio had improved to 1:1.64.

Even at this ratio, the target set by the government to get income parity between the Malays and Chinese by 2020 seems a tall order. Whether this is attainable is to be seen but what is certain it is a very difficult goal to reach.

In so far as Indonesia is concerned, suffice it to say that despite the Chinese accounting for only 5 percent of the population, they control nearly 90 percent of the Indonesia economy. If this is discrimination then I am sure the Pribumi Indonesian want to have that discrimination.

One thing that can be concluded from his statement, Lee Kuan Yew still has that fortress mentality – not surprisingly with all the Israeli advisors at his disposal.

So the island republic feels constricted by the larger neighbours which encircles it. Such inferiority complex has rendered the republic to its present stance pouring billions of dollars yearly into modern and sophisticated weaponry and war hardware and software including chemical and biological weapons capability thanks to the US and Israeli assistance. But this is a subject for another commentary.


Rejal Arbee
22 Sept 2006

inevitable said...

You know, They know, I know... so?

Anonymous said...

Lol, old man Lee is going senile.

ducky said...

fuck, cut and paste comment. no fucking originality.

sensible enough we cannot label all melayu like that. as we know only those selected ppl gain the riches, the rest of them are just strugling like us.

yes we all know, yet they can put on a poker face and say tak tau. where can. that is why politician cannot be trusted. they even lie abt something that is so obvious.

senile just like our old tun. maybe they both should retire together in a retirement home.