Technical Guidelines on Tax Treatment of Digital Currency Transactions
The term “Digital Currency,” which is also known as “Cryptocurrency,” refers to a blockchain-based digital asset that can be bought, sold, and traded on a variety of platforms. Bitcoin was the first cryptocurrency ever created, all the way back in 2008 and was issued in 2009. Since that time, a wide variety of people and […]
Tax Treatment for Developers, JMBs, MCs or Sub-MCs for the Maintenance Fees and Sinking Fund
The Inland Revenue Board (IRB) has released on its website revised Technical Guidelines in Bahasa Malaysia, titled “Garis Panduan Berhubung Layanan Cukai Ke Atas Pemaju Atau Badan Pengurusan Bagi Penyenggaraan Dan Pengurusan Bangunan Dan Harta Bersama” (Guidelines), dated 18 July 2022. These Guidelines represent a significant revision to the earlier Guidelines (“Old Guideline”) dated 21 […]
