Lembaga Hasil Dalam Negeri Malaysia (LHDN) has revealed that beginning 1 January 2024, the use of revenue stamps (stem hasil) for stamping will be discontinued.

In a recent development, Malaysian Prime Minister Anwar Ibrahim has signaled the government's intention to introduce

Financial transparency is the new global standard.

Budget 2024 incorporates numerous significant tax measures and changes. Starting in March 2024, a capital gains tax will be implemented, and the service tax rate will also increase to 8%.

Malaysia erhebt für Einkommen, die aus malaysischen Quellen stammen, Steuern. Der Steuersatz hängt dabei von der Gebietsansässigkeit der Person ab und wird aufgrund der Aufenthaltsdauer in Malaysia festgelegt.

These Rules which were gazetted on 26 May 2015 are deemed to have come into operation on 1 February 2009.

There has been unprecedented pressure on both tax neutral countries and the users of these tax efficient jurisdictions, to pay what is deemed a ‘fair' amount of tax.

The extension of the exemption under EO9/19 was announced at the Malaysian Budget 2020.

There has been unprecedented pressure on both tax neutral countries and the users of these tax efficient jurisdictions, to pay what is deemed a ‘fair' amount of tax.

Pursuant to the Finance Act 2021 gazetted on 31 December 2021, RPGT will no longer be imposed on property disposals by individual owners starting from the 6th year, with effect from 1 January 2022.

The panel discusses on the intricacies of Base Erosion Profit Shifting initiative and how it affects to the financial services industry.

Both countries remain committed to finalize the IGA between Malaysia and the United States for the implementation of FATCA in Malaysia.

The High Court has recently issued its grounds of judgment for TRSB v KPHDN.

The Income Tax (Exemption) (No. 2) Order 2021 ('Exemption Order') which grants exemption from income tax on gains or profits derived from the Sukuk Prihatin, an Islamic securities...

The IRBM introduced the Special Program for Voluntary Disclosure to encourage taxpayers to voluntary disclose underdeclared income, overclaimed expenses, reliefs, deductions and rebates.

PR No. 2/2015 has recently been uploaded to the website of the Inland Revenue Board (IRB) to replace the PR No. 9/2012 dated 26 November 2012.

A key feature of Malaysia's economy is its export focused manufacturing base, a sector that relies heavily on high volumes to manage tight margins and cash flow constraints.

The Income Tax (Exemption) (No. 9) Order 2021 [P.U.(A) 344/2021] (‘E.O. No. 9') was gazetted on 23 August 2021. E.O. No. 9 has effect from the year of assessment 2021 until the year of assessment 2022.

In the recent case of S Sdn Bhd v Director General of Customs & Anor, the High Court struck down anti-dumping duties imposed on an exporter who is a licensed manufacturing warehouse ("LMW")...

In the recent case of Lam Ah Company Sdn Bhd ("taxpayer") v Director General of Customs and Excise, the taxpayer succeeded in its judicial review application challenging Customs' refusal to give effect to the exemption under section 155 of the Goods and Services Tax Act 2014 ("GST Act").