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

A monthly summary of tax developments that includes discussions of income tax and indirect tax

Summary of income and indirect tax developments

The KPMG member firm in Malaysia prepared a monthly summary of tax developments [PDF 3 MB] that includes discussions of income tax and indirect tax.

In this edition:

  • Incentives for manufacturing companies to relocate to Malaysia
  • Incentives for principal hub in Malaysia
  • Guideline for manufacture of EV charging equipment in Malaysia
  • Mandatory use of e-Services
  • Updates on administrative procedure for payment of withholding tax using e-Telegraphic Transfer method
  • Malaysian Inland Revenue Board’s updated guidelines and “frequently asked question” (FAQ) on special voluntary disclosure programme 2.0
  • Voluntary disclosure program – Sabah state sales tax
  • Non-Malaysian citizens working in companies with relocation incentives

 

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