31 July, 2018
Income tax
The Income Tax (Accelerated Capital Allowance) (Information and Communication Technology Equipment) Rules 2018 were gazetted on 5 July 2018 and are deemed to have effect from the year of assessment 2017.
Proposed sales tax
The following materials have been published on the Royal Malaysian Customs Department’s official website:
i. FAQ on Sales Tax 2018 (English language)
ii. FAQ on Sales Tax 2018 (Malay language)
iii. Presentation on Sales Tax
iv. Proposed Goods Exempted From Sales Tax
Proposed service tax
The following materials have been published on the Royal Malaysian Customs Department’s official website:
i. FAQ on Service Tax 2018 (English language)
ii. FAQ on Service Tax 2018 (Malay language)
iii. Presentation on Service Tax
For further information, please contact:
Abhilaash Subramaniam, Shearn Delamore & Co
abhi@shearndelamore.com
