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Tax Relief for Museum Collection Donors
KUALA LUMPUR, Sept 13 (Bernama) -- Individuals and private sectors, who donate heritage goods to the museum collection, will be given tax exemption based on the assessment value of their goods.

Malaysia Museum Department (MMD) director Datuk Ibrahim Ismail said the department would evaluate the goods such as batik, songket and artifacts before the department issued certificates to the donors.

"Inland Revenue Board will verify the amount of tax relief after donors hand over the certificate," he told reporters at the appreciation and handing over function of 1960's to 1990's batik dresses here Thursday.

The batik dresses are meant for the National Textile Museum's collection for the public to peruse and obtain information about the Malaysian batik era.

A total of 1,445 batik collection have been chosen from the archive of four collectors, who are from Kuala Lumpur and Kota Bharu, Kelantan.
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Source : Bernama
Date of  Publication : Thursday, 13 September 2012
Original Title : Tax Relief For Museum Collection Donors
Tags : Donation, Heritage goods, Museum collection, Tax exemption, Assessment of goods
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