Payments that are subject to Withholding Tax (WT)

Generally, any person making certain payments such as royalties, interest, contract, payments, remuneration to a public entertainer, technical and management fees to non-residents is required to remit the tax deducted at an applicable rate (i.e. withholding tax) to the Inland Revenue Board of Malaysia (IRBM) within one month from the date of paying or crediting, whichever is earlier. *Non-residents include foreign companies (independent or related parties), foreign contractors and foreign individuals who are not tax residents of Malaysia. In summary, the following types of payments attract withholding tax (WT) when paid to non-resident companies/individuals: Special Classes of Income The fol

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