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      Introduction of Section 106A in the Income Tax Act, 1967

      The honourable Minister of Finance, YB Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, tabled the 2022 Budget on 29 October 2021.

      In addition to the much anticipated Special Voluntary Disclosure Programme (“SVDP”) for indirect tax, a few proposals were announced covering amongst others Import Duty, Excise Duty, Sales Tax, Service Tax and Tourism Tax. 

      A summary of the key proposals announced in the 2022 Budget in relation to Indirect Tax can be accessed via the above link. 

      Petaling Jaya Office

      Soh Lian Seng
      Partner - Head of Tax and Tax Dispute Resolution
      lsoh@kpmg.com.my
      + 603 7721 7019

      Ng Sue Lynn
      Partner - Head of Indirect Tax
      suelynnng@kpmg.com.my
      + 603 7721 7271

      Tai Lai Kok
      Partner - Head of Corporate Tax
      ltai1@kpmg.com.my
      + 603 7721 7020

      Bob Kee
      Partner - Head of Transfer Pricing
      bkee@kpmg.com.my
      + 603 7721 7029

      Long Yen Ping
      Partner - Head of Global Mobility Services  
      yenpinglong@kpmg.com.my
      + 603 7721 7018

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      Evelyn Lee
      Partner
      evewflee@kpmg.com.my
      +603 7721 2399

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      Crystal Chuah Yoke Chin
      Associate Director
      ycchuah@kpmg.com.my
      +603 7721 2714

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      Regina Lau
      Partner
      reglau@kpmg.com.my
      +603 7721 2188

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      Titus Tseu
      Executive Director 
      titustseu@kpmg.com.my
      +603 7721 2822

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      Ng Fie Lih
      Partner 
      flng@kpmg.com.my
      +603 7721 2514