Tax in Motion Issue 1/2026

Application for stamping through e-Duti Setem (e-DS)

The Inland Revenue Board (IRB) has recently issued the following outlining the process for stamping application, in line with the implementation of the Stamp Duty Self‑Assessment System:

• Operational Guidelines for Application for Stamping via the Stamp Duty Self-Assessment System
• Frequently Asked Questions on Application for Stamping through e-Stamp Duty under the Stamp Duty Self-Assessment System
• Updated Guidelines on the introduction of stamp duty under Stamp Act 1949

Guidelines on capital gains tax exemption for group restructuring scheme

As provided under the Income Tax (Restructuring of Companies Scheme) (Exemption) Order 2024 [P.U. (A) 289/2024], the IRB has issued the Guidelines on Capital Gains Tax Exemption for Restructuring of Companies Scheme under P.U.(A) 289/2024.

Return form filing programme for the year 2026

The IRB has issued the Return Form Filing Programme for the Year 2026. The filing programme outlines the statutory filing and tax payment due dates, grace period and method of submission for the various forms.

Online application for extension of time (e‑Lanjutan Masa) 

The IRB has issued GPHDN 4/2025 - Operational Guideline on Procedure for Application and Approval of Extension of Time to Furnish Return Form via e-Lanjutan Masa which set out the procedures and conditions for taxpayers to apply for an extension of time to furnish their return form via the e-Lanjutan Masa application in MyTax portal, effective from 1 November 2025.

Updates on e‑Invoice implementation   

Following the announcement by the Prime Minister on implementation of e‑Invoicing and related operational matters, the IRB has updated and issued the following:

• Media release dated 5 January 2026 
• e-Invoice Specific Guidelines 
• Frequently Asked Questions for Implementation of e-Invoice in Malaysia 
• Frequently Asked Questions for Implementation of e-Invoice in Malaysia for Construction Industry 
• Media release dated 9 January 2026 and updated FAQ on MyInvois e-POS as of 9 January 2026 

Updated guidelines on deduction of expenses under sections 34(6)(m) and 34(6)(ma)  

The IRB has issued the Guidelines on Deduction under sections 34(6)(m) and 34(6)(ma) of the Income Tax Act 1967, replacing the previous version dated 13 March 2012.

Non‑resource R&D commercialisation deduction period extended

The Income Tax (Deduction for Investment in a Project of Commercialisation of Research and Development Findings) (Amendment) Rules 2025 has been gazetted on 23 December 2025 and gives effect to the Budget 2026 proposal to extend the tax deduction for investments in commercialisation of non-resource-based R&D findings.

Accelerated capital allowance for speed limitation devices

The Income Tax (Accelerated Capital Allowance) (Speed Limitation Device) Rules 2025 (the Rules) has been gazetted to give effect to the Budget 2026 proposal to provide accelerated capital allowance for qualifying expenditure on specified speed limitation devices installed in certain commercial vehicles.

Extension of stamp duty exemptions under Budget 2026

The following gazette orders have been issued to give effect to the extension of stamp duty exemptions announced under Budget 2026: 

• Stamp Duty (Exemption) (No. 5) 2018 (Amendment) Order 2025
• Stamp Duty (Exemption) 2021 (Amendment) Order 2025
• Stamp Duty (Exemption) (No. 2) 2021 (Amendment) Order 2025
• Stamp Duty (Contract Note for Sale and Purchase Transaction of Exchange-Traded Fund and Purchase Transaction of Structured Warrant) (Exemption) Order 2025 
• Stamp Duty (Exemption) (No. 15) 2021 (Amendment) Order 2025 
• Stamp Duty (Exemption) (No. 16) 2021 (Amendment) Order 2025