HASiL: e-form for YA 2012 – 2015 will no longer be available for use from 1 July 2023 onwards
The Inland Revenue Board of Malaysia (HASiL) has announced that starting from 1st July 2023, the e-Form for the years of assessment (YA) 2012 to 2015 will no longer be accessible. As a result, taxpayers who need to submit return forms for these particular YAs must use the manual form available for download at www.hasil.gov.my. […]
Whether Digital Currencies are to be treated as a Mode of Payment or an Intangible Property
Accountants often face challenges in their professional practice that lack specific accounting standards, such as in the case of cryptocurrencies. Similarly, tax agents in Malaysia have limited resources when referencing the Guidelines on the Tax Treatment of Digital Currency Transactions, which appears to be the solely available guidance presently. As a result, the Chartered Tax […]
Form e-107D for 2% WHT for commission payments to Agents, Dealers or Distributors under s107D
On its website, the Inland Revenue Board of Malaysia (HASiL) released a media statement on 27 June 2023 in Bahasa Malaysia, announcing the introduction of Form e-107D. This form allows for the online submission of the required documentation for the 2% tax deduction on commission payments made by a company to agents, distributors, or dealers […]