Expanding scope of withholding tax (WHT)

There are some impending changes to the withholding tax regulations that will affect your business. Please pay close attention to this subject especially if your business has dealings with overseas service suppliers, and in the course of your business, there are payments for royalty, software, technical advice, and management services to overseas suppliers or foreign related companies. Currently, Section 15A of the Income Tax Act 1967 (ITA) provides that special classes of income (e.g. payments made by a Malaysian resident for technical advice, assistance or services in connection with technical management or administration performed by a non-resident) under subsections 4A(i) and (ii) of the

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