Malaysia: Summary of income and indirect tax developments (February 2023)
A monthly summary of tax developments
A monthly summary of tax developments
The KPMG member firm in Malaysia prepared a monthly summary of tax developments [PDF 2.8 MB] that includes a discussion of income tax and indirect tax developments.
Income tax developments concern:
- The Malaysian Inland Revenue Board’s (MIRB’s) amended guideline on real property gains tax
- MIRB’s flow chart and guide on submission of form for Section 107D withholding tax
- The Malaysia digital economy corporation’s guideline on transition of multimedia super corridor Malaysia status company to Malaysia digital status
- KPMG 2022 guide on global withholding taxes
Indirect tax developments cover:
- “Questions and answers” (Q&As) from the Royal Malaysian Customs Department’s webinar regarding service tax on digital services and implementation of sales tax on low value goods
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