2 July, 2019
Income tax
The Income Tax (Deduction for Employment of Senior Citizen, Ex-Convict, Parolee, Supervised Person and Ex-Drug Dependant) Rules 2019 have been gazetted on 11 June 2019 and have effect for the years of assessment 2019 and 2020.
The Inland Revenue Board of Malaysia ("IRB") has recently issued the Guideline For Approval Of Director General Of Inland Revenue Under Subsection 44(6) Of The Income Tax Act 1967 to replace the Guidelines for Application of Approval under Subsection 44(6) of the Income Tax Act 1967 issued in January 2005.
Sales tax
A Specific Guide on Sales Tax Exemption under Item 33A, 33B, 55, 63, 64 & 65 Schedule A, Sales Tax (Persons Exempted from Payment of Tax) Order 2018 (as at 25 June 2019) has been published on the Royal Malaysian Customs Department’s MySST website.
Service tax
A revised version of the Industry Guide on Information Technology Services (as at 25 June 2019) has been published on the Royal Malaysian Customs Department’s MySST website.
For further information, please contact:
Abhilaash Subramaniam, Shearn Delamore & Co
abhi@shearndelamore.com
