Cultural and Heritage Activities
in tax deduction for private sponsors of arts, culture and heritage shows and performances,
at the tabling of the 2017 Budget in Parliament.
The limit of tax deduction for sponsoring LOCAL arts, cultural and heritage activities was raised to RM700,000 (from RM500,000) while the deduction for sponsoring FOREIGN arts, cultural and heritage activities was raised to RM300,000 (from RM200,000).
We at Kakiseni are glad to see that the many months of lobbying have come to fruition. Now the responsibility lies with producers like you to take full advantage.
We urge you to get your sponsors to apply for the tax deduction under Section 34(6)(k) of the Income Tax Act 1967.
When more sponsors make use of the deduction, it signals genuine private support for the arts and helps build a convincing case to raise the deduction limits even further.
Get started by using the easy-to-follow instructions. Break a leg!
sponsorship of Arts, Culture and Heritage Activities
Supporting Letter of Sponsorship
- DK/1-SPC form
- Proposal of event
- Relevant supporting documents
Ministry of Tourism and Culture
- DK/2-SPC form
- Copies of sponsorship starting amount of sponsorship
- Supporting docunts like receipts etc.
- Reception receipt (for sponsorships in cash)
- Copy of Supporting Letter of Sponsorship
- Program book
- Other relevant documents
Approval Letter for Tax Exemption