The Inland Revenue Board of Malaysia (IRBM) has released the synthesised text of the tax treaty with Luxembourg, providing clarifications regarding the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI).
The MLI will apply to the 2002 Malaysia-Luxembourg tax treaty for taxes withheld at source on payments made to non-residents, starting from events occurring on or after 1 January, 2025, and for other taxes, starting from taxable periods commencing on or after 30 December, 2024.
This synthesised text is based on the reservations and notifications provided by each country to the Depositary.
