Tax in Motion Issue 4/2026

Exemption for Labuan Islamic financial activities gazetted

Following Budget 2025 announcement on the expansion of tax exemption for Labuan Islamic financial activities, the Labuan Business Activity Tax (Exemption) Order 2026 was gazetted on 26 January 2026.

Tax treatment on income of social media influencers

The Inland Revenue Board (IRB) has issued Guidelines: Tax Treatment on Income of Social Media Influencers, dated 14 January 2026 which outlines the tax treatment for income received by social or digital media influencers.

Updated guidelines on deduction for sponsorship of arts, cultural and heritage activities

The Ministry of Tourism, Arts and Culture has updated the Guidelines on Tax Deduction for Sponsorship of Arts, Cultural and Heritage Activities under Subsection 34(6)(k) of the Income Tax Act 1967 (ITA 1967).

Updated guidelines on approved donations for the purchase of religious schools

The IRB has updated the Guidelines for the Approval of the Director General of Inland Revenue under Subsection 44(6) of ITA 1967 for the Fund for the Purchase of Religious Schools, replacing the previous version dated 28 April 2021.

MITRS filing programme for the year of assessment 2026

The IRB has issued the Filing Programme for Documents Specified under Section 82B of ITA 1967 through the Malaysian Income Tax Reporting System (MITRS) for the year of assessment 2026.