11 July, 2018
On 29 June 2018, the Malaysian Inland Revenue Board (IRB) published the final list of reportable jurisdictions for the reporting of financial account information of the year 2017. Brazil, France, Hong Kong, Hungary, Indonesia, Liechtenstein, Lithuania, Poland and Uruguay are the latest jurisdictions which were added on to the list, with the final list consisting of a total of 42 jurisdictions.
The final list of reportable jurisdictions is replicated below.
| List of Reportable Jurisdictions (Published on 29 June 2018) | ||
|---|---|---|
| 1. Australia 2. Belgium 3. Brazil 4. Bulgaria 5. Colombia 6. Denmark 7. France 8. Germany 9. Greece 10. Guernsey 11. Hong Kong 12. Hungary 13. India 14. Indonesia 15. Ireland |
16. Isle of Man 17. Italy 18. Japan 19. Jersey 20. Korea 21. Liechtenstein 22. Lithuania 23. Luxembourg 24. Malta 25. Mauritius 26. Mexico 27. Netherlands 28. New Zealand 29. Norway 30. Pakistan |
31. Poland 32. Portugal 33. San Marino 34. Seychelles 35. Singapore 36. Slovak Republic 37. Slovenia 38. South Africa 39. Spain 40. Sweden 41. United Kingdom 42. Uruguay |
Reporting Financial Institutions in Malaysia are required to report, to the IRB, the 2017 financial account information of non-resident account holders of the jurisdictions that are listed in this final list, by 31 July 2018.
For further information, please contact:
Adeline Wong, Partner, Wong & Partners
adeline.wong@wongpartners.com
