Stamp Duty Treatment for Transfer of Property by Way of Love and Affection
Updated on 15 July 2023- Dialogue between MOF， LHDNM， and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Effective from 1 January 2019, the stamp […]
Stamp Duty Treatment for Educational Loan/Scholarship Agreement
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position According to Item 22(4) of the First Schedule of the Stamp Act 1949, an educational loan or scholarship agreement […]
Calculation of Stamp Duty on Instruments of Transfer of Shares
The Malaysian Treasury, also known as the Ministry of Finance, is in charge of all policies that pertain to taxation. On the other hand, the Inland Revenue Board (IRB) is in charge of the enforcement of the tax laws that concern the key areas: Note that the taxes stated in (ii),(iv),(v) and (viii) above have […]
