Technical Guidelines on Tax Treatment in relation to Income which is received from Abroad

According to the Finance Act 2021, the income tax exemption on foreign-sourced income (FSI) received by any person (other than a resident company carrying on the business of banking, insurance, or sea or air transport) will be removed for all Malaysian-resident taxpayers beginning on January 1, 2022. As a result of this: Exemption Orders Certain […]