Latest News & Blogs

GSK & Associates

Feb 7, 20216 min read

Income Tax, SST, RPGT and Stamp Duty - Exemptions Malaysia - COVID-19 Measures, includes Budget 2022

Income tax rebate of RM20,000 per year for first 3 years will be given for SMEs under the PENJANA initiatives by Malaysian Government.

GSK & Associates

Nov 22, 20203 min read

Restriction on Deductibility of Interest - Section 140C

Section 140C is a new section in Malaysian Income Tax Act, 1967 (ITA), introduced via Finance Act 2018, effective from 1 July 2019. 1....

GSK & Associates

May 24, 20194 min read

FOREIGN-SOURCED INCOME - MALAYSIAN INCOME TAX - includes Budget 2022 updates

Foreign-sourced income is not subject to tax in Malaysia, except for certain activities, such as banking, insurance, and air......