31 May, 2018
Income tax
The Inland Revenue Board of Malaysia has issued a new public ruling on Tax Incentive for Returning Expert Programme (Public Ruling No 2/2018) on 2 May 2018.
Goods and Services Tax ("GST")
The following Orders have been gazetted on 16 May 2018 and will come into operation on 1 June 2018:
- Goods and Services Tax (Rate of Tax) (Amendment) Order 2018
- Goods and Services Tax (Zero-Rated Supply) (Revocation) Order 2018
- Goods and Services Tax (Relief) (Revocation) Order 2018
- Goods and Services Tax (Imposition of Tax for Supplies in respect of Free Zones) (Revocation) Order 2018
- Goods and Services Tax (Application to Government) (Revocation) Order 2018
- Goods and Services Tax (Imposition of Tax for Supplies in respect of Designated Areas) (Revocation) Order 2018.
For further information, please contact:
Abhilaash Subramaniam, Shearn Delamore & Co
abhi@shearndelamore.com
