Malaysia: Tax developments summary (November 2025)
Monthly report covering income tax and indirect tax developments
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