tax rate

This articles is Datuk Professors Dr. Chong Kwait Fatt  is using oppression power and coercive power to write to ACCA Board, and he will earned 5 billion, DAtuk used his magic power to needle my heart, thus I was being enforced the unwillingness to help Datuk  Chong Kwait Fatt to earned  this moniew on  behalf to him. I just act like on behalf from Datuk Chong Kwiat Fatt  to earned this money on behalf of him(Dr. Chong Kwait Fatt ) :-

I am writer for this articles for this, but it doesn’t me to earn this monies, because the badges of trade is not me to have intention to earned this monies, but he directed and oppressed me to do so, hope ACCA board to direct to do this :

Why accountant used 20& scale rate ?

Accountant in finalized  & closing the accounts and balance sheets is based on the double entry transactions and all those events after the balance sheets date. Where  an accountant is having all those wisdoms in finalizing the accounts in using his wisdom of IQ and EQ ( Emotional intelligence) –< double entries> by multiplying the scale rate finalized accounts in closing the accounts at the ended of  the financial period.

Accountant

The good signs as an accountant as compared to tax agents is accountant  is contribute efforts in finalized and transacted any business transaction in the company, where accountant view as Sales department which able  to generate income from business organisations, where he take care the business operating systems and guard all the cash flow cycle into positive earning vehicle – productive dapartments  which worked with hand with hand and co-ordiante with all deparments in the organization.

Tax agents

Howevers, tax agents only worked as a medical expert when the company is falling illness and go and seek advice from them. But His profession is being position as high privilege due to status quo . But in term of productive cycle????......

Sometimes, the tax agents very felt very stressful due to a lot of MNC ‘s hemeostatis is keep on changing sometimes 37 from any figures that the company financial performances , therefore he facing a lot of pressure from society due to conformity pressure, normative influences , judgement, humiliation, assault, harrassments,  oppression,  and all those organizational illness  and coercive power in playing office politics in seeking all those advice.

Answers why Deferred Tax Liabilities  always in ending Liabilities

in the eyes of an accountant ?

This is because the accountant was ending the accounts is based on ending 20% on  CA on carrying value of of  assets and HP creditors that are being closed out the accounts

But the tax agents whose is the LHDN like to absorb the bloods of human body based on hemeostatis of our human body temparatures @ 37 celcius,  if  you have high  fever or migrane,  you would seek medical expert to gain advice. And would make payments for tax absorption for 20% on the incremental value of the ending amounts that you incurred in the finalized accounting transaction. For eg. RM5,000 billion X 20% = Rm10,000million of  tax payments.

Analysis of Tax Agents ‘s Opinion

ð An reputable Malaysia world wide recognized Tax agent Specialist would imposed his service ending for the variable accounting value and amounts just based on the 20% scale rate based rates.

ð Actually Tax agents job scope and function is relied on seasonal variation where a lot of times is fallen at the ended of the accounting period and tax reporting period. Because tax agents need to rely on accountant on taxation job scope.

Actually I am quite sympathetic to the tax agents, because his job scope is a kind of mutual anchoring services, if no accountant then no auditor already. And her job demand would only fall on ended of the financial period , where is a kind seasonal variation.

ð Tax agents just tax and imposed tax liability at the ended of the financial periods, but the LHDN or government  did  nothing  in the company, but collect  the tax collection from LHDN & governments

ð Why he acted like that, just because LHDN is a dictator or monopoly in the Taxation business, when dictator , he like to imposed tax audit towards every industries, he has undue  influence to collect tax from every people .

ð According the human right in the sociology,  human being is free to enter any business transaction with anybody and any organisations and  collect income from the private society, but the government’s cognitive thought is considered still ancient and old fashion, because government Malaysia is still in running the tamadun Mesir -

Is the responsibility of government to collect tax on behalf of nations in order to increase prosperity to the governments ?

My opinion in tax collection in Malaysia, where I would like to propose that every company in collecting the tax income is based on 20% o the scale rates.  Where it was fixed and determined by the Income tax law act 1967 in Malaysia. But government collection is showing a kind of coersive power  and oppression to collect on this fixed amount based on scale rates of 20% of the generating income from the earning income vehicles. But I felt there was a lot of issues of discrimination, prejudice, social oppression,  pressures to make and settle payments of tax liabilities in the setting of the Malaysia collection tax behaviour in MNC and also exposed the social inequality among the nations of Malaysia.

This is because when the company just started the business operation, where their seedless of working capital is limited, no clientale or business earning capacity, unable to generate more due to the strategic competitive advantages, unable to fixed and determined the average working capital managements. Where the enforcement and compulsory fixed rates is tempt to make and tortue those entrepreneurs wanna to start business, but unable to pay tax liability to the companies.

Besides that, there is no motivation that are exposed the the business entrepreneurs whose has the heart to start up the business eagerly, but no incentives was being given to the governments from Jabatan Pembangunan Malaysia or MIDA in order to motivate those small medium entrepreneur whose has intelligence and potential to promote the products and services through out the worlds.

What is human right in determining the correct tax liability in compensating the actual real earning  an returned in reacting in the society.

Besides that, we also have  to re-act and comply with corporate governance in transacting the mutual agreed seller and buyer price setting based on determination of free markets in responding the willing buyer and sellers.

Why ? In Renaisance  of the history records  in1817, David Ricardo, James Mill and Robert Torrens showed that free trade would benefit the industrially weak as well as the strong, in the famous theory of comparative advantage. In Principles of Political Economy and Taxation Ricardo advanced the doctrine still considered the most counterintuitive in economics:

When an inefficient producer sends the merchandise it produces best to a country able to produce it more efficiently, both countries benefit.

By the mid 19th century, Britain was firmly wedded to the notion of free trade and the first era of globalization began.^[46] In the 1840s, the Corn Laws and the Navigation Acts were repealed, ushering in a new age of free trade. In line with the teachings of the classical political economists, led by Adam Smith and David Ricardo, Britain embraced liberalism, encouraging competition and the development of a market economy.

Industrialization allowed cheap production of household items using economies of scale,^{[citation needed]} while rapid population growth created sustained demand for commodities. Globalization in this period was decisively shaped by nineteenth-century imperialism.

Conclusion

-       emphaty to the nation citizen whose earning income group whose is just a gardener, slave for sweeping the floors and cleaner

-       those SMI give them incentive for elimination of taxation liabilities from the first start up seedless capital in any field or industries for venture companies – to prove that Malaysia is “masyarakat penyayang”        or  potray  the code of integrity of business  transaction and model

-       Those higher income group should set a ceiling price to settle and make payments just to commit as part of Malaysia strategic partner in make payments , due to MNC is the Malaysia incorporate in Malaysia  as nations of residence status is Malaysia only

-       Those just start up seedless working capital companies should exclude from making tax payments or either just donate a bit of monies to the LHDN or government, in order to demonstrate the responsibilities as  part of the nations teamword building Malaysia’s citizen nations

-       In order to comply “just and equitable transactions  and social equality towards every classes of every industries income earning capacities and vehicle earnings in Malaysia or the world wide reporting performance in imposing taxation liabilities for every companies

-       There was the cross border transaction or double taxation agreements in every countries determining & establishing the boundaries of every business transactions which is not harmonizing the tax rate and tax scale in reporting the performance through out the world wide.

-       Due to no harmonization in the tax reporting performance, we should categorized our  tax rate reporting performance internationally or world wide through hamonisation. 

Where I proposed the whole world in collecting the world wide income from every setting of industries is through in harmonization global tax reporting performance and collection and payments.

I would proposed to evaluate and assess all those performance fiancianl companies based on apple to apple  collection dynamic vehicle engine in reporting the income reporting apparatus. We would like to make choice

Or selection to catogorise the every industry income from ceiling income earning to report the taxation imposements based on social conformity and social identity and social grouping in forming his nature and characteristic of business reporting framworks  and performance.

This is because the hawker entrepreneur ‘s earning capacity or turnover would be compatible and run parallelly matching to the business entities reporting  performance and apparatus.

Whereas, the industries in properties developer ‘s earning capacity or turnover threshold would be compatible and run parallelly matching to the business entities performance and reporting apparatus.  Where their income earning threshold would running the probability of statistics in leveraging the business performance earning based on mean, median and standard deviation or correlation factors that might need to take into account in determining and establishing the average threshold value in earning income reporting performance.

My conclusion in closing the gap for high income earner and low income earner in solving all those financial issues of unemployment , poverty, low income  income status in order to close the gap of  extremist  in operating macro economic environmentally, it help to close the gap of social equality, low self esteem, building confidence and  long term commitment in early setting up the business entities for initial crops planting in the heart of seedless who has the desires, wisdom, willingness of the soul and heart to run the business and growing in the long term periods in justified the social equality by giving freedom and human right to run business.