Mar 82 minOverview of Capital Gain Tax (CGT) in MalaysiaEntitlies Liable for CGT: Companies, limited liability partnerships (LLPs), trust bodies (e.g., unit trusts), and cooperative societies...
Feb 262 minAmendment to Service Tax Regulations5 sets of Service Tax amendment orders were gazetted yesterday, 26 February 2023 and the new rules will come into effect from 1 March...
Jan 152 minTax updates (January 2024) 1. Service Tax - Increase of Tax Rate from 6% to 8% The rate of Service tax will be increased from 6% to 8% effective from 1 March 2024....
Nov 29, 20232 minDecoding the Scope of Capital Gain Tax (CGT): What Assets Are Impacted?These are the salient features of CGT according to the Finance(No. 2) Bill 2023 The Finance (No. 2) Bill 2023 has been passed by the...
Nov 14, 20231 minForeign-Owned Companies to Face New Conditions in Year of Assessment 2024As background information, a company that qualifies as a Micro, Small, and Medium Enterprise (MSME) is subject to taxation at these...