
TaXavvy Issue 34/2024
Finance Act 2024 and other tax acts gazetted.
The Inland Revenue Board (IRB) has issued an updated FAQ on implementation of Global Minimum Tax in Malaysia.
The IRB has updated the following FAQs in relation to e-Invoice:
The Income Tax (Exemption for Malaysian Ship) Order 2024 providing tax exemption on shipping profits has been gazetted.
The IRB has recently issued its Operational Guideline No. 3/2024 - Procedure on Submission of Amended Return Form which revokes the Operational Guideline No. 1/2020 - Procedure on Submission of Amended Return Form.
TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PricewaterhouseCoopers Taxation Services Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
Finance Act 2024 and other tax acts gazetted.
This issue dives into the Updated real property gains tax exemption guidelines for transfer of assets, Filing program for specified documents through MITRS, Stamp duty exemption for SMEs financing instruments and Tax incentive for equity crowdfunding.
Welcome to our TaXavvy Budget Edition [Finance Bill 2024] which brings you the key tax proposals of Budget 2025 based on the Budget speech as announced by the Prime Minister and Finance Minister, YAB Dato' Seri Anwar bin Ibrahim on 18 October 2024.
This issue dives into the Guideline on application for green technology tax incentives, Accelerated Capital Allowance for ICT equipment and computer software and Tax incentive for hydrogen sulfide projects.