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TaXavvy Issue 03/2024
In this issue:
The Companies (Amendment) Bill 2023
The Companies (Amendment) Bill 2023 was passed by the Dewan Rakyat and Dewan Negara in the last quarter of 2023. It is anticipated that the enforcement would take place in Q1 2024, which means that entities would need to start reporting the information of its Beneficial Owners to the Suruhanjaya Syarikat Malaysia within 3 months or a specified timeline from the enactment of the Amendment Bill.
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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