Jun 25, 20201 min readSpecial Programme for Voluntary Disclosure (Deadline: 30 September 2019)The Inland Revenue Board (IRB) has received 486,360 cases of voluntarily tax declaration under the SPVD programme. The deadline for this...
Jun 25, 20203 min readOnline advertising services provided by non-residents are subject to withholding taxThe Inland Revenue Board of Malaysia (IRBM) has issued a practice note entitled “Practice Note 1/2018 – Tax Treatment on Digital...
Jun 25, 20202 min readTax Exemption for Rental Income from Residential Property (YA 2018)It was proposed in Budget 2018, which was tabled in parliament on 27 October 2017: i. 50% tax exemption will be granted on rental income...
Jun 25, 20201 min readHighlights of Malaysia's Budget 2020Click to open this PDF: Highlights of Malaysia's Budget 2020
Jun 25, 20202 min readWithholding tax for service fee payments made to non-residents (Practice Notes from IRBM)1. The Inland Revenue Board of Malaysia (IRBM) has, on 23 June 2017, issued Practice Note No. 1/2017: Amendment of Section 15A of the...
Jun 25, 20203 min readRestriction on Deductibility of Interest Guidelines (Earning Stripping Rules)Income Tax (Restriction on Deductibility of Interest) Rules 2019 which is also known as earning stripping rules (ESR) has been gazetted...
