Malaysia: Tax developments summary (November 2025)

Monthly report covering income tax and indirect tax developments

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November 12, 2025

The KPMG member firm in Malaysia has prepared its monthly report for November 2025, covering the following income tax and indirect tax developments.

Income tax

  • Updated guideline on DGIR’s approval under subsection 44(6) for institutions/organizations/funds
  • MOF guidelines on application for tax deduction under subsections 34(6)(h) and 34(6)(ha)
  • Public ruling 3/2025 on treatment of asset-backed securitization
  • Labuan’s substantial requirements for fit and proper full time employees

Stamp duty

  • MIRB’s new stamp duty guidelines

Indirect tax

  • Sales tax policy
  • Service tax policy
  • Sales tax and service tax guides
  • Indirect tax legislation updates

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