2017/07/23 TPRI application process 宗教团体免税申请
TPRI (tabung pengurusan rumah ibadat) is a provision under S44(6) where religious organisation can apply tax exemption where the organisation can issue tax exempt receipt for donors who donated a sum of money for religious purpose. One of the primary objective of TPRI is to encourage donors to contribute money to the religious organisation by allowing donors to enjoy the personal income tax benefits where the sum donated are exempt from tax. On the hand, the organisation have to maintain a separate account and prepare a separate annual accounts statement and get it audited by external auditor and submit to IRD via e-filing. Below are some steps, documentation and process to help those organisations who wish to apply for tax exempt. 1. Get a copy of the latest guidelines from IRD. 2. Prepare a simple rules and regulations for your organisation TPRI. 3. Prepare a letter, attached all documents and submit to IRD. 4. IRD will send acknowledgement letter. 5. IRD may request for more...