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Learn moreMalaysia: Summary of income and indirect tax developments (May 2024)
A monthly summary of tax developments that covers income tax, indirect tax, transfer pricing, and electronic invoicing.
The KPMG member firm in Malaysia prepared a monthly summary of tax developments that covers income tax, indirect tax, transfer pricing, and electronic invoicing (e-invoicing).
Income tax
- Ministry of Finance’s guideline on application for tax deduction for cash contribution or financing for environmental preservation and conservation projects
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- Service Tax Policy 6/2024 – Exemption from payment and the imposition of service tax on maintenance or repair services for maintenance, repair and overhaul (MRO) activities
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