The Malaysian 2024 Budget, which is themed “Madani Economy: Empowering the People”, was announced on...
In this issue, we summarise the following recent key tax developments:
- Finance Bill 2023 Passed in Parliament with Amendments
- Revised Guideline for Application by Contract Research and Development (“R&D”) Company and
R&D Company Issued by Malaysian Investment Development Authority (“MIDA”) for R&D Status
- Extension of Time for Filing of Tax Returns under the Labuan Business Activity Tax Act 1990
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The Ministry of Finance has announced that the SVDP 2.0 will run from June 6,...