Guideline & Procedures for the Application of Special Tax Incentive (Relocation) for manufacturer
Malaysia’s Special Tax Incentive (Relocation) benefits companies that want to relocate their operations to the country. It provides a special tax rate for new companies based on their capital investment and income tax exemption for existing companies that relocate their overseas facilities to Malaysia. Non-citizen individuals holding key positions in these companies also receive special […]
Modifications made MLI in the Synthesized Texts with 10 Countries
The Malaysian Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) is an international treaty that modifies and updates existing double taxation agreements (DTAs) between Malaysia and various other countries. The primary purpose of the MLI is to ensure that these DTAs are in line with international standards […]
Invitation for Public Consultation on Draft Public Ruling – The Deceased – Part 1 – Introduction
The Inland Revenue Board of Malaysia (HASiL) has uploaded the following draft Public Ruling (PR) on its website, inviting the public to provide their comments and feedback before the finalisation: Draft PR on Deceased Individuals – Part 1: Introduction. This public consultation’s primary aim is to gather stakeholders’ input regarding matters covered in this preliminary […]
Draft Public Ruling – Tax Treatment On Royalties For Payment Of Software To A Non-Resident
The Inland Revenue Board of Malaysia (HASiL) has published the following draft Public Ruling (PR) on its website to solicit feedback from the public before finalising it: – Draft PR on Tax Treatment Regarding Royalties for Payment of Software to a Non-Resident. This public consultation’s primary objective is to gather stakeholders’ input and opinions on […]
