TRANSFER PRICING – LATEST UPDATES
We are writing to highlight to you the following proposed amendments under the Finance Bill 2020 relating to Transfer Pricing (TP) matters: New surcharge on TP adjustments Current: Currently,…
IRBM STOP RECEIVING TAX PAYMENT BY CHEQUES DELIVERED VIA POST OR COURIER W.E.F. 01.01.2021
Effective from 1 January 2021, tax payments by cheques delivered via POST or COURIER (except for Real Property Gains Tax, public entertainer’s income tax, withholding tax and compound) will NOT…
2021 MALAYSIA BUDGET PROPOSAL – INDIRECT TAX & OTHERS
INDIRECT TAXES Value-added activities in Free Industrial Zones (FIZs) and Licensed Manufacturing Warehouses (LMWs) Current: Effective from 1 April 2020, all application and approval processes for value-added and additional…
