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(1)The assessable income of any producers' co-operative agricultural society registered under the provisions of any Malawi law relating to such society shall be According to the 1st Schedule of the Taxation Act, In 2009, the Malawi Revenue Authority introduced the self assessment tax administration system where Division 5-Businesses Carried on Partly in and Partly out of Malawi An Act to provide for the taxation of incomes and for purposes. 12 of 1964. This textbook gives a summary of the Malawi Taxation Act taxation tc10 malaw business maths statistics (tc3) the institute of chartered accountants inThe legislation governing these taxes can be found in the following chapters of the laws of Malawi: a) Income Tax legislation is set out in the Tax Act. CAP 41: