Malaysia: Tax developments summary (April 2025)
Income, indirect, individual, and audit tax developments
The KPMG member firm in Malaysia has prepared its monthly report for April 2025, covering the following income tax, indirect tax, and individual (personal) tax, and tax audit developments.
- Income tax
- Double taxation agreement (DTA) between Malaysia and Russia
- Practice Note No. 1/2025 regarding tax treatment on donations or contributions
- Indirect tax
- Service Tax Policy 7/2024 (Amendment No. 1)
- Updates to indirect tax legislation
- RMCD's "Below Threshold Operation"
- Individual (personal) tax
- Expansion of tax exemption on childcare allowance
- Introduction of Investor Pass for business travelers
- Tax audit
- Tax audit framework for income tax and employe