Malaysia and Belarus initialed a tax treaty following successful negotiations held from 10 to 13 March 2015 in Malaysia. Once signed, in force and effective, the new treaty will replace the former USSR – Malaysia Income Tax Treaty (1987).
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Malaysia published the Finance Act 2024 (Act No. 862) and Labuan Business Activity Tax (Amendment) (No. 2) Act 2024 in the Official Gazette on 31 December 2024. Measures include amendments to income tax, global minimum tax, real property gains tax,
Read More Malaysia announced several tax incentives to attract investments to the joint special economic zone with Singapore today, 8 January 2025. Jointly announced by the Johor state government and Malaysia’s Ministry of Finance, the incentives
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The German Federal Government notified the Republic of Belarus on 30 December 2024, that the agreement between the Federal Republic of Germany and the Republic of Belarus on the avoidance of double taxation concerning income and wealth taxes, dated
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Malaysia’s Inland Revenue Board (IRB) has updated transfer pricing guidelines and transfer pricing audit framework. The transfer pricing guidelines have been updated in accordance with the amendments made to section 140A, the introduction of
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The US Department of the Treasury announced on 17 December 2024 that the United States has provided formal notice to the Republic of Belarus to confirm the suspension of the operation of paragraph 1, subparagraph (g), of Article III of the
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The Lithuanian parliament (Seimas) has passed the law to terminate the 1995 tax treaty with Belarus on 17 December 2024. Earlier, the Lithuanian government approved a draft law to terminate the treaty with Belarus on 13 November 2024. This
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