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Only certain entertainment expenses that meet specific criteria under provisions (i) to (viii) of paragraph 39 (1) (l) are 100% deductible.

Waiver of debts - taxable or not?. While it may seem like a tremendous relief, the IRB might still consider it as taxable income.

Explore the Impact of Malaysia's Budget 2023 Key Tax Changes on Corporate and Individual Tax in Malaysia.

e-Invoice is the exchange of information in an invoice between a supplier and a buyer in a controlled electronic mechanism.

Individual income tax in Malaysia with details of tax due dates, residence status, reliefs and rebates for the year of assessment 2022.

Effective 1 May 2022, tax penalties imposed under Section 113 (2) of the Income Tax Act, 1967 (ITA) are at a new, reduced graduated scale.

Budget 2022 and Finance Act 2021, changes in tax rules for foreign-sourced income, introduction of new withholding tax of 2%, power to call

New penalty rates for Late filing of Income Tax Returns in Malaysia effective from 1 October 2019.

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

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

Highlights on changes in tax matters in Malaysia, effective from the year of assessment (YA) 2020 based on Finance Act 2019.