Malaysia: Summary of income and indirect tax developments (May 2023)

Discussions of following income tax, stamp duty (tax), and indirect tax

Discussions of following income tax, stamp duty (tax), and indirect tax

The KPMG member firm in Malaysia prepared a monthly summary of tax developments [PDF 3.3 MB] that includes discussions of following income tax, stamp duty (tax), and indirect tax.

  • Guidelines on the application for tax deduction for contribution of smart AI-driven reverse vending machines
  • Extension of stamp duty exemption for restructuring and rescheduling of loans and financing
  • Tourism tax policy
  • Indirect tax legislation updates
  • Guideline on the application for import duty and sales tax exemption on studio filming and production equipment

 

 

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