Review of Tax Incentives for Bionexus Status Company
Updated on 15 July 2023- Dialogue between MOF, LHDNM, and CTIM [21/6/2023] To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position “Bio Nexus Status Company” means a company incorporated under the Companies Act 2016 [Act 777] engaged in the life sciences business. Tax incentives for BioNexus status companies are […]
Industrial Building Allowance – Tun Razak Exchange Marquee Status Company
1. On 27 December 2021, the Minister, in the exercise of the powers conferred by paragraph 154(1)(b) read together with paragraph 80 of Schedule 3 of the Income Tax Act 1967 [Act 53], gazetted the Income Tax (Industrial Building Allowance) (Tun Razak Exchange Marquee Status Company) (Amendment) Rules 2021 [P.U. (A) 473] 2. These Rules […]
