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Malaysia News - Business, Taxation & Offshore


OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide.Read Full Story


Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

by Mary Swire, Tax-News.com, Hong Kong

Friday, November 9, 2018

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises. Read Full Story


Malaysia To Phase Out 'Harmful' Tax Regime

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, August 7, 2018

Malaysia has suspended its MSC Malaysia tax regime, pending changes to bring it into line with recommendations from the OECD's Base Erosion and Profit Shifting initiative.Read Full Story


Malaysian Firms Can Challenge Late GST Penalties Online

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, March 28, 2018

On March 26, 2018, Malaysia's tax agency announced that businesses can newly challenge late-payment penalties in respect of goods and services tax (GST) via the tax agency's online portal. Read Full Story


Six More States Sign The BEPS Multilateral Instrument

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, January 25, 2018

A further six countries have signed the BEPS multilateral instrument, enabling them to swiftly amend their double tax treaties to incorporate the recommendations put forward by the OECD as part of its base erosion and profit shifting Action Plan.Read Full Story


Agreement Reached On New Trans-Pacific Partnership

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 24, 2018

Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Read Full Story









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