Extension of Tax Incentive for Intellectual Property Development
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023; for more info, please visit – https://www.ccs-co.com/post/budget-2023-malaysia-madani. This tax incentive included in Budget 2023, tabled in Parliament on 7 October 2022, was not included in Budget 2023 (Re-tabled) on 24 February 2023. Response from […]
Payment for Google and Facebook ads or Agoda is it Subject to Withholding Tax?
1. The question of whether payments made to foreign digital service providers for software and payments for the use of or right to use the information and digitized products are subject to withholding tax has been debated for some time. 2. The Inland Revenue Board (IRB) may take a position that differs from the position […]
