Recently, the Prime Minister announced that stamp duty for shares traded on Bursa Malaysia is to be reduced. Following the announcement, the Stamp Duty (Remission) (No. 3) Order 2023 has been gazetted.
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The Income Tax (Exemption) (No. 7) Order 2023 was gazetted on 29 December 2023 to exempt companies, limited liability partnerships, trust bodies and co-operative societies from capital gains tax in respect of gains or profits from the disposal of shares of unlisted companies incorporated in Malaysia.
The Finance (No. 2) Act 2023 was gazetted on 29 December 2023.
The Finance (No. 2) Bill 2023 was passed at the Dewan Negara (Senate) on 13 December 2023.
This issue dives into the FAQ for implementation of e-Invoice for the construction industry and Tax Treatment on Copyright and Software Payments by a Distributor and a Reseller to a Non-Resident.
