Being in the know: Recent developments on individual tax in Malaysia

In the past six months, two major developments that affect the individual taxpayer occurred:

  • 7 October 2010 - the exemption order for knowledge workers in the Iskandar region was gazetted
  • 7 February 2011 - a Public Ruling on Malaysian employees seconded overseas was issued by the Inland Revenue Board (IRB)

This publication gives you an overview of these changes and possible tax implications to individuals and employees.