Quick Understanding of the Two Corporate Tax Legislations in Malaysia
There are two corporate tax legislations in Malaysia, namely the Income Tax Act, 1967 (“ITA”) and the Labuan Business Activity Tax Act...
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- Jan 5
- 5 min
The Trade-off that Comes with Labuan's Low Tax Rate
In 2019, the Government of Malaysia introduced economic substance laws in Labuan and effectively abolished the flat tax rate of paying...
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