Malaysia updates capital gains tax guidelines for unlisted shares, clarifying nominee arrangements and disposal rules
The Inland Revenue Board of Malaysia (IRBM) has updated its capital gains tax guidelines for unlisted shares on 21 September 2026, which apply to profits from the disposal of unlisted shares and certain foreign or domestic capital assets. The
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Malaysia: 2027 budget to target cost-of-living relief amid fiscal pressures
Malaysia’s Prime Minister Anwar Ibrahim will announce the 2027 budget on 9 October 2026, signalling a shift toward targeted household support as the government balances election expectations with fiscal constraints. The announcement comes amid
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Malaysia signs multilateral agreement on GloBE information exchange (GIR MCAA)
Malaysia has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 16 July 2026, according to an OECD update on 1 October 2026. The GIR MCAA is intended to reduce compliance burdens for
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Malaysia eases e-invoice identification rules for individual buyers
The Inland Revenue Board of Malaysia (IRBM) released version 4.9 of its e-Invoice Specific Guideline on 7 September 2026. The update introduces simpler identification rules for businesses issuing invoices to individual buyers, addressing the
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Macau, Malaysia explore income tax treaty
Officials from Macau and Malaysia met on 4 September 2026 to discuss strengthening bilateral cooperation, including through negotiations on an income tax treaty, according to a release from the Macau government. The two sides also supported
See MoreMalaysia: IRBM raises e-invoice exemption threshold to MYR 3 million
The Inland Revenue Board of Malaysia (IRBM) has published the e-Invoice Guideline Version 4.8 on 30 August 2026. This version introduces crucial updates and clarifications regarding the implementation timeline, exemption thresholds, and group-level
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Malaysia gazettes Income Tax (Transfer Pricing) (Amendment) Rules 2026
Malaysia’s government has published Order No. P.U. (A) 300/2026, the Income Tax (Transfer Pricing) (Amendment) Rules 2026, in the Official Gazette on 27 August 2026, officially updating Malaysia's regulatory framework regarding transactions
See MoreMalaysia extends foreign-sourced income tax exemption to end-2030
Malaysia has published the Income Tax (Exemption) (No. 3) Order 2024 (Amendment) Order 2026 in the Official Gazette on 29 July 2026, under which the exemption period in the Income Tax (Exemption) (No. 3) Order 2024 has been extended from 31 December
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Malaysia issues transfer pricing guidelines for intra-group loans
Malaysia's Inland Revenue Board (IRBM) has published the Malaysia Transfer Pricing Guidelines for Intra-Group Loans (MFTIL), providing a comprehensive framework for determining whether financing transactions between associated persons comply with
See MoreMalaysia extends foreign-sourced income tax exemption for unit trusts to 2030
Malaysia has gazetted the Income Tax (Unit Trust in relation to Income Received in Malaysia from Outside Malaysia) (Exemption) 2024 (Amendment) Order 2026 on 27 July 2026. This legislation extends the tax exemption period for foreign-sourced
See MoreMalaysia: IRBM launches special e-invoice disclosure scheme, updates guidance
The Inland Revenue Board of Malaysia (IRBM) announced on 7 July 2026 that it's rolling out an amnesty programme for businesses that haven't fully complied with e-invoicing rules. The Special Voluntary Disclosure Program (SVDP) is effective
See MoreMalaysia doubles tax deduction for corporate scholarship sponsorships
Malaysia’s Ministry of Finance has gazetted the Income Tax (Deduction for the Sponsorship of Scholarship to Malaysian Student Pursuing Studies at Technical and Vocational Certificate, Diploma, Bachelor’s Degree or Professional Certificate
See MoreMalaysia gazettes deduction cap for companies leasing new EVs
Malaysia’s Ministry of Finance has gazetted Income Tax (Deduction For Rental Payments) (Electric Motor Vehicles) Rules 2026 on 26 June 2026. These rules provide specific tax incentives for Malaysian companies that lease electric motor
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Malaysia, Switzerland end second round negotiations to update income tax treaty
Malaysia’s Ministry of Finance announced on 27 June 2026 that Malaysia and Switzerland have completed the second round of negotiations to amend the 1974 tax treaty, held from 22 to 25 June 2026. The negotiation is aimed at modernising their
See MoreMalaysia enacts additional employer deduction for employment of women returning to work
Malaysia has gazetted the Income Tax (Deduction for Employment of Approved Individual) Rules 2026 on 23 June 2026, providing qualifying employers with an additional deduction equal to 50% of remuneration paid to approved individuals for a period not
See MoreMalaysia gazettes employer tax incentive for flexible work practices
Malaysia has gazetted the Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules 2026 on 16 June 2026. The Income Tax (Deduction for the Costs of Implementation of Flexible Work Arrangements) Rules 2026
See MoreMalaysia exempts returning women workers from income tax for up to 12 months
Malaysia has gazetted the Income Tax (Income of Approved Individual) (Women Returning to Work After Ceasing Employment Temporarily) (Exemption) Order 2026 on 9 June 2026. The Order grants eligible women an income tax exemption on gross employment
See MoreMalaysia: IRBM issues revised guidance on bilateral, unilateral foreign tax credits
The Inland Revenue Board of Malaysia has issued Public Ruling No. 3/2026 on 22 May 2026, guiding the application of bilateral and unilateral tax credits where a Malaysian tax resident is subject to taxation in both Malaysia and a foreign
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