Reads the accounts. Applies the Act. Fills the Form C.
TaxCore is a desktop AI agent for Malaysian corporate tax. Drop it into a client’s YA folder and it does what a tax senior does — checks LHDN for rule changes, tests for IHC, analyses every add-back against the Income Tax Act 1967, rolls the capital-allowance schedule forward — then hands you a cross-checked computation workbook and a Form C that fills itself.
Tax Computation YA2025.xlsx — 14 schedulesform-c-masterdata.json — e-C auto-fill data| A | B | C | |
|---|---|---|---|
| 1 | ClientCo Sdn Bhd — Tax Computation (YA 2025) | ||
| 2 | Description | Note | RM |
| 3 | Profit before taxation | 1,842,300 | |
| 4 | Add: Depreciation | A1 | 386,400 |
| 5 | Add: Non-deductible expenses | A2 | 74,210 |
| 6 | Less: Capital allowances | CA | (412,750) |
| 7 | Chargeable income | 1,890,160 | |
| 8 | Tax payable — 15% / 17% / 24% | 408,638 | |
Tax law moves every Budget. TaxCore checks — before every single run.
Most tax software bakes last year’s rates into a template. TaxCore starts each computation by verifying its own rulebook against LHDN — rates, thresholds, caps and Public Rulings — and tells you if anything drifted before a single figure is computed.
- Update check, every run — statutory rates and Public Rulings verified against LHDN’s own pages; any change is reported to you, never silently assumed.
- The IHC gate — every company is tested for Investment Holding treatment under s60F / s60FA before the computation route is chosen.
- MSME tiers applied automatically — 15% / 17% / 24% with the paid-up-capital and turnover conditions actually checked, not assumed.
What actually happens when you press start
Not a black box — a checklist you watch tick itself. Every stage streams live in the app, and you can stop, question or redirect it at any point.
When something is genuinely ambiguous — a new material item with no prior-year precedent — TaxCore doesn’t guess. It stops, shows you the document, and asks.
Verify the rulebook
Rates, caps and Public Rulings checked against LHDN; drift reported before computing.
Test the company
IHC gate (s60F / s60FA), MSME status, source classification — the computation route is chosen deliberately.
Analyse every ledger line
Add-backs argued item by item against s33(1), s39(1)(l), PR 6/2019 and the prior-year treatment — each with its statutory rationale written down.
Roll the schedules forward
Capital allowance residuals and HP creditors brought forward from last year’s computation — not re-invented from the GL.
Adversarial review
Three independent reviewers re-check CA reconciliation, add-back completeness and arithmetic before anything reaches you.
Deliver & fill
The 14-schedule workbook lands beside your source files; the e-C Form C fills itself from the finalised figures.
Real files, in your firm’s format — not a report you export
TaxCore’s output is the same Excel set your firm already signs off — live formulas, accounting-style totals, every figure traceable back to the GL line or prior-year schedule it came from.
- Live formulas, zero errors — cells derive from cells, cross-foots are verified, and the workbook recalculates clean.
- Your template, mirrored — sheet order, headings, fonts and total-row borders follow your firm’s house style.
- You submit, not the machine — TaxCore prepares and fills; the review, sign-off and submission stay yours.
Tax Computation YA2025.xlsxform-c-masterdata.json — e-C auto-fillFast where it should be. Careful where it must be.
Speed is worthless if the number is wrong. TaxCore is built around the habits of a careful tax senior.
Stops and asks when it matters
A material item it can’t verify — a building classification, a director’s loan, an unpaid CP204 instalment — halts the run with the source document open. No silent assumptions.
Consistent with the prior year
Recurring items follow last year’s accepted treatment — it doesn’t re-litigate every account or invent new positions the file never took.
Reviewed before you see it
Three independent checkers attack the draft — CA reconciliation, add-back completeness, arithmetic — and their findings are folded back in before delivery.
Client accounts never leave your office
Everything is processed locally in a workspace you choose — straight off your NAS over SMB if that’s where the files live. We don’t store your documents. Skills and MCP connect it to the software your firm already uses.