CP204 FORM is the prescribed form used for filing a tax assessment in Malaysia, as mandated under section 107C of the Malaysian Income Tax Act 1967. If a company is starting operations for the first time, the assessment must be filed with the IRB within 3 months from the commencement date of operations, but not earlier than 30 days before the start of the base period. The initial filing requires the submission of the CP204 FORM, while the verification of the initial filing utilizes the CP204A FORM.
Example of CP204 Form
You can register online for submitting tax estimation. You can apply for a tax number at the nearest office at the company’s correspondence address or at any IRBM office convenient to you, without reference to the company’s correspondence address. After registration, you must send the e-CP 204 for tax estimation within 3 months from the date of starting the business. For new companies, instalments must be paid starting from the 6th month of the base period from the start of the operation. CP204 form must be filed within 7 months of the close of the reporting period, which is the base period for the year of the assessment.
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If the Company requires a tax statement, the Company can obtain it by calling or writing to IRBM’s Tax Collection.
How are Borang CP38 deduction shown on the EA Form?
LHDN has made statements on the above for all companies to submit their tax payable estimate via CP204 Form, notifying LHDN of their status as a zero tax payable SME to avoid any possible unnecessary penalties due to administrative issues, even if they are companies not to require to file CP204 form.
If a Section 107C fine is imposed, or if a Section 120 Notice of Litigation is sent to SMEs, you may contact the LHDN branch where the company’s tax returns are kept for an exemption from the fine.
How are Borang CP38 deduction shown on the EA Form?
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