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Tax Incentives for Sabah Development Corridor (SDC)

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1. The Sabah Development Corridor (SDC) Blueprint, which was launched on 28 January 2008, is implemented with the aim of bringing the quality of life of Sabah’s people up another level as well as accelerating the economic growth for Sabah while promoting regional balance and bridging the rural-urban divide and concurrently ensuring sustainable management of state’s resources.

2. In recent weeks, the Malaysian government published three pieces of subsidiary legislation to extend the deadline to apply for incentives in the Sabah Development Corridor (the “SDC”) from the previous deadline of December 2020 to the new date of December 2022:-

👉 Stamp Duty (Exemption) (No. 8) 2018 (Amendment) Order 2022 [P.U.(A) 74/2022]

👉 Income Tax (Exemption) (No. 12) 2018 (Amendment) Order 2022 [P.U.(A) 76/2022]

👉 Income Tax (Exemption) (No. 11) 2018 (Amendment) Order 2022 [P.U.(A) 75/2022]

3. Join our Telegram – https://t.me/YourAuditor 🌻🌻🌻🌻🌻🌻🌻🌻

1. 沙巴发展走廊(SDC)蓝图于2008年1月28日启动,其目的是将沙巴人民的生活质量提高到另一个水平,并加速沙巴的经济增长,同时促进区域平衡和缩小城乡差距,并同时确保国家资源的可持续性管理。 2. 几周前,马来西亚政府在宪报颁布了三项附属立法,将申请沙巴发展走廊 (SDC) 激励措施的截止日期从之前的 2020 年 12 月截止日期延长至新的 2022 年 12 月截止日期:- 👉 2018年印花税(豁免)(第8号)2022年(修正)指令 [P.U.(A) 74/2022] 👉 2018年所得税(豁免)(第12号)2022年(修正)指令 [P.U.(A)76/2022] 👉 2018年所得税(豁免)(第11号)2022年(修正)指令 [P.U.(A)75/2022] 3. 加入 Telegram 群 – https://t.me/YourAuditor 🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼

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