Malaysia: Guidance on Pillar Two global minimum tax
The guidance covers scope, filing obligations, transitional penalty relief, and safe harbors.
The Malaysian Inland Revenue Board (MIRB) issued guidance on the interpretation and administration of the Pillar Two global minimum tax applicable from January 1, 2025.
The guidance covers scope, filing obligations, transitional penalty relief, and safe harbors.
Read a December 2024 report prepared by the KPMG member firm in Malaysia