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Malaysia’s Tax Reforms are Capable of Stimulating Innovation and Advanced Technologies – BMI

KUALA LUMPUR: Latest tax reforms of Malaysia, which were outlined in the Budget 2024 are referred to as a stimulant to reinvigorate domestic startups, modernize tax administration, and...


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Transparency Vision

Introducing "Transparency Vision" by YH Tan & Associates, led by Mr. Tan Yoon Huat, a groundbreaking initiative aimed at redefining corporate reporting standards, with a focus on Environmental,...


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A Strategic Year-End Review and Process Optimization Guide for Malaysian Businesses

As the year 2023 winds down, businesses across Malaysia are presented with the critical task of conducting a year-end review. This is a strategic exercise that goes beyond...


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Income Tax Malaysia for Foreigners 2024

The rules regarding income tax in Malaysia are clear, as anyone earning a taxable amount in Malaysia is bound to pay income tax. However, if you wonder whether...


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Rental Income Tax Malaysia: The Ultimate Guide

Generally, letting your property on rent could be a lucrative venture. However, this type of investment also comes with a variety of responsibilities and rental income tax Malaysia...


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Ultimate Guide to Income Tax E-Filing in Malaysia

The income tax season is the time of the year when Malaysian taxpayers are busy filing their income tax returns. To help and facilitate taxpayers, the Malaysian government...


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Income Tax Malaysia: The Ultimate Guide

Navigating through the rules and regulations associated with income tax Malaysia could be daunting. However, it is essential to understand tax-related matters in order to comply with Malaysian...


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Individual Tax Proposals Details in Finance Bill 2023

Review of Individual Income Tax Rates for Residents Present As of AY 2021, the income tax rate system for resident taxpayers is built on progressive rates on chargeable income, which...


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Key Highlights of the Finance Bill 2023

For Businesses Review of MSMEs' Income Tax Treatment and MSME Exclusion Requirements On the first RM150,000 of chargeable income, the corporate income tax rate for MSMEs would drop from 17%...


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Malaysia Impose 10% Tax on Low-Value Goods, Value below RM500

The Royal Malaysian Customs Department (RMCD) has stated that the Malaysian government would apply a 10% sales tax to all imported low-value goods (LVG) purchased online beginning 1...


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