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NEW VERSION OF FORM CP58 This is to inform that the Inland Revenue Board of Malaysia IRBM has uploaded the new version of Form CP58 in PDF and Excel format together with the Guideline in the website http //www. hasil*gov*my Home Page Forms Return Forms Other Forms Form CP58 If the old version of the form form CP58 2011 was used for the year ended 31 December 2012 the payer company need not prepare it again using the new version of the form form CP58 Pin* 1/2013. For the year ended 31 December 2012 a payer company need only prepare and render form CP58 to its agents dealers and distributors if the amount of monetary and nonmonetary incentive exceeds RM 5 000. If required to furnish a listing of CP58 information to IRBM a payer company has to submit the information including incentive amounts of RM 5 000 and below. Thank you. Issued by Tax Policy Department Inland Revenue Board of Malaysia JKK/BKK/Media/mbm Page 1 of 1. hasil*gov*my Home Page Forms Return Forms Other Forms Form CP58 If t....

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In ance with Section 83A of the Income Tax Act 1967 (ITA), Every Company is required to prepare and provide a prescribed form (Form CP58) to its agents, dealers, or distributors pertaining to particulars of commission payments regardless of whether in monetary or in kind.

CP 58 form is not a tax filing form. It is an income statement that shows the income of incentives, allowances, bonuses, etc. for agents, dealers and distributors, similar to the EA form received by employee.

Form CP58 LHDN | Form 58 | CP 58 shall be provided to the agent, dealer, or distributor not later than 31 March in the year immediately following the year in which the incentives mentioned above are paid.

Agent, dealer or distributor is defined in Section 83A (4) of ITA 1967 to mean “any person who is authorized by a company to act as its agent, dealer or distributor, and who receives payment (whether in monetary form or otherwise) from the company arising from sales, transactions or schemes carried out by him as an ...

The company needs to keep a proper hand-over record. They must send the Form CP58 through registered postage or email. The company does not need to submit Form CP58 to IRBM, but if the tax office requests so, then the payer company must provide all incentive data.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232