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TaXavvy Issue 23/2023
In this issue:
Public Ruling 1/2023 - Taxation of Income from Employment on Board a Ship
The Inland Revenue Board (IRB) has issued Public Ruling 1/2023 - Taxation of Income from Employment on Board a Ship which replaces Public Ruling 12/2016 of the same title.
Public Ruling 2/2023 - Tax Incentive for Investment in BioNexus Status Company
The IRB has issued Public Ruling 2/2023 - Tax Incentive for Investment in BioNexus Status Company which supersedes Public Ruling 10/2018 of the same title.
Income Tax (Exemption) (No. 20) 2007 (Amendment) Order 2023
The Income Tax (Exemption) (No. 20) 2007 (Amendment) Order 2023 has been issued to amend the Income Tax (Exemption) (No. 20) Order 2007 which provides income tax exemption for an Iskandar Development Region Status Company.
Income Tax (Determination of Knowledge Worker and Qualifying Activity in the East Coast Economic Region) Rules 2023
The Income Tax (Determination of Knowledge Worker and Qualifying Activity in the East Coast Economic Region) Rules 2023 has been issued and is effective from the year of assessment 2022.
TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PricewaterhouseCoopers Taxation Services Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
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