NIF tax plans start in March

In this interview, Soh Lian Seng, Head of Tax at KPMG in Malaysia, highlighted that Malaysia’s New Incentive Framework (NIF) shifts from broad tax giveaways to performance-based incentives, linking support to measurable outcomes such as job creation, R&D, sustainability, and local supply chain development. He noted that clear metrics, streamlined facilitation, and alignment with international best practices are essential to provide certainty for investors. By doing so, the NIF aims to attract high-value and strategic investments while strengthening Malaysia’s competitiveness in the region.

Read the full story in the attachment below:

For media-related queries, please email marcom@kpmg.com.my