Withholding tax means an amount, representing the tax portion of an income of a non-resident recipient, withheld by the payer in Malaysia, and paid directly to the Inland Revenue Board of Malaysia (“IRB”). Read more
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31 Mar 2022 – Public Ruling No. 4/2011 : Income from letting of real propertyThe Inland Revenue Board (IRB) has issued Public Ruling No. 4/2011: Income from Letting of Real Property. This PR, which supersedes PR No. 1/2004 issued on 30 June 2004, provides clarification on: Read more 31 Oct 2021 – RPGT rate revised for disposal of real property w.e.f. 1 January 2014With effect from 1 January 2014, for companies and individuals who are Malaysian citizens and permanent residents, a Real Property Gains Tax (“RPGT”) rate of 30% will be imposed for a holding period of real property of up to 3 years, 20% for a holding period exceeding 3 years and up to 4 years and 15% for a holding period exceeding 4 years and up to 5 years. RPGT of 5% will be imposed for a holding period exceeding 5 years for companies while individuals who are Malaysian citizens or permanent residents will NOT suffer RPGT if the holding period exceeds 5 years. Read more 31 Mar 2020 – Public Ruling No. 3/2011 : Investment Holding CompanyThe Inland Revenue Board (IRB) has replaced the Public Ruling (PR) No. 3/2011: Read more 28 Feb 2019 – Public Ruling No. 2/2011 : Interest Expense and Interest RestrictionThis Ruling explains: Read more 30 May 2018 – Recommended Audit Fees in Malaysia w.e.f. 1 March 2010The above Recommended Audit Fees in Malaysia can be viewed as follows: Read more 30 Apr 2017 – Public Ruling No. 1/2010 : Withholding Tax on Income Under Paragraph 4(f)This Ruling provides clarification on: Read more 31 Jan 2014 – Public Ruling No. No. 4/2005 : Withholding Tax on Special Classes of IncomeThis Ruling explains: Read more 31 Jul 2013 – Public Ruling No. 1/2006 : Perquisites from EmploymentThis Ruling explains: Read more Latest Events
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