TaXavvy Issue 6/2022

In this issue:

Exemption of Foreign-Sourced Income from Cukai Makmur

The Income Tax (Exemption) Order 2022 has been gazetted on 5 April 2022 to provide exemption from Cukai Makmur on the foreign-sourced income received in Malaysia. The Exemption order is effective for the year of assessment 2022.

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