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Malaysia News




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

 


Malaysia's 2018 Budget Includes Various Tax Relief Changes

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

Friday, November 3, 2017

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms. Read Full Story

 


Malaysian Tax Agency Says Audits Not Politically Motivated

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

Wednesday, September 27, 2017

Malaysia's Inland Revenue Board has denied allegations that it is more aggressively pursuing taxpayers affiliated with opposition political parties or their supporters. Read Full Story

 


Malaysia To Legislate To Slap GST On Foreign Retailers

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

Thursday, September 21, 2017

Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers. Read Full Story

 


Hong Kong, ASEAN Conclude Free Trade Talks

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

Thursday, September 14, 2017

Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations. Read Full Story

 

 

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