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

Article Posted date 07 September 2023

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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