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Malaysia News




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

 


India Mulling Tax On Foreign Solar Products

Mary Swire, Tax-News.com, Hong Kong

Thursday, January 18, 2018

India is proposing to levy a safeguard duty of 70 percent on imports of solar-power equipment from China and Malaysia. Read Full Story

 


Malaysia Issues GST Guidance On Mixed-Use Buildings

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

Wednesday, January 17, 2018

Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes. Read Full Story

 


Malaysia Updates Mutual Agreement Procedure Guidelines

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

Friday, January 12, 2018

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure. Read Full Story

 


Malaysia Issues GST Guidance On Gifts

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

Friday, December 15, 2017

The Malaysian tax agency on December 1 released guidance on whether gifts provided for no consideration can be excluded from the goods and services tax net. Read Full Story

 


Malaysia PM Defends Introduction Of GST

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

Monday, November 27, 2017

Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices. Read Full Story

 


Australia Seeking To Expand FTA Network

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

Friday, November 24, 2017

The Australian Government has said that it intends to extend its network of free trade agreements, as part of its new foreign policy agenda. Read Full Story

 


Hong Kong, ASEAN Nations Sign Free Trade Deal

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

Monday, November 13, 2017

Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019. Read Full Story

 


Labuan Urged To Adapt To BEPS By Removing Harmful Tax Offerings

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

Wednesday, November 8, 2017

Muhammad bin Ibrahim, the Governor of the Central Bank of Malaysia, has stressed the need for Labuan to review its international tax framework in light of the OECD's work on Action 5 of the base erosion and profit shifting project, on harmful tax practices. Read Full Story

 

 

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