Please enable JavaScript.

Coggle requires JavaScript to display documents.

35 Executor - Coggle Diagram

- - - - Int from bank
        
        received b4 death is exempt
  - - - executor's remuneration
        
        IF involved in mgmt of estate only: NOT ded
        
        IF involved in running the biz of the estate: ded from biz Y
      - liquidation of asset
        
        CAPEX: NOT ded
      - disbursement for minors/ incapacitated person
        
        ie. educational/ maintenance exp: ded
      - distribution
        
        CAPEX: NOT ded
      - annuity
        
        amt payable ded, X amt paid
    - - foreign Y
        
        remitted
        
        exempt - Para 28 Sch 6
        
        NOT remitted
        
        X in scope of charge, X taxable
      - int Y
        
        NR executor
        
        exempt - Para 33 Sch 6
        
        R executor
        
        taxable - executor NOT natural person
        ITEO no.7 2008 for R ind only
  - - - CAPEX: NOT taxable
    - - taxable as S4(e)Y
    - - exempt - Para 14 Sch 6
    - - approved fund (ie. EPF): X taxable
      - unapproved fund: taxable
    - - X 'revenue'/ 'Y' in nature: X taxable