TaXavvy Issue 05/2024

In this issue:

Frequently Asked Questions on Surcharge under Subsection 140A(3C) of the Income Tax Act 1967

The Inland Revenue Board has recently issued the Frequently Asked Questions on Matters Arising from Subsection 140A(3C) of the Income Tax Act 1967 dated 18 January 2024.

Updated MIDA Guidelines on Tax Incentive for Shipbuilding and Ship Repairing

The Malaysian Investment Development Authority has released the updated Guideline and Procedures for Shipbuilding and Ship Repairing Incentive on its website.

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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