NAPLES, Italy (Reuters) -Napoli's Scott McTominay scored after 25 seconds and Romelu Lukaku and David Neres were also on target as they beat visitors Como 3-1 in Serie A on Friday to extend their lead at the top of Serie A.
Clearing the air: Dr Wee says that the permit to set up UTAR was granted to the tax-exempt UTAR Education Foundation.KUALA LUMPUR: A move by the Inland Revenue Board to impose outstanding taxes and penalties amounting to RM83mil on not-for-profit Universiti Tunku Abdul Rahman has led to a controversy.
“Accordingly, LHDN contends that income generated by UTAR Education Foundation continues to enjoy tax-exempt status, whereas income generated by UTAR does not,” she said in a statement yesterday. “Under Act 555, a university can be set up via a company limited by guarantee , which is like a Sendirian Berhad but for non-profit. It is a foundation,” he said.“So, how can you say it’s a separate entity? The foundation is set up for this sole purpose. There is no other business,” he said.
“UTAR was given the letter of clearance all this while. Regarding the RM83mil tax bill, we seek the Prime Minister’s help to cancel it.
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