The IRB has issued the Guidelines on Tax Treatment of Income Received from Abroad (Amendment) dated 29 December 2022 (“Amended FSI Guideline”).
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The Income Tax (Exemption) (No. 7) Order 2023 was gazetted on 29 December 2023 to exempt companies, limited liability partnerships, trust bodies and co-operative societies from capital gains tax in respect of gains or profits from the disposal of shares of unlisted companies incorporated in Malaysia.
The Finance (No. 2) Act 2023 was gazetted on 29 December 2023.
The Finance (No. 2) Bill 2023 was passed at the Dewan Negara (Senate) on 13 December 2023.
This issue dives into the FAQ for implementation of e-Invoice for the construction industry and Tax Treatment on Copyright and Software Payments by a Distributor and a Reseller to a Non-Resident.
