
TaXavvy Issue 34/2024
Finance Act 2024 and other tax acts gazetted.
Following the issuance of the Income Tax (Advance Pricing Arrangement) Rules 2023, the Inland Revenue Board has issued a revised Advance Pricing Arrangement Guidelines dated 2 April 2024 which replaces the 2012 edition.
Budget 2024 announced the extension of tax exemption on management fee income in relation to:
The proposal is now gazetted.
The grace period for e-filing of Return Form of Employer (Form E) for the year 2023 is extended for another month (until 31 May 2024).
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Finance Act 2024 and other tax acts gazetted.
This issue dives into the Updated real property gains tax exemption guidelines for transfer of assets, Filing program for specified documents through MITRS, Stamp duty exemption for SMEs financing instruments and Tax incentive for equity crowdfunding.
Welcome to our TaXavvy Budget Edition [Finance Bill 2024] which brings you the key tax proposals of Budget 2025 based on the Budget speech as announced by the Prime Minister and Finance Minister, YAB Dato' Seri Anwar bin Ibrahim on 18 October 2024.
This issue dives into the Guideline on application for green technology tax incentives, Accelerated Capital Allowance for ICT equipment and computer software and Tax incentive for hydrogen sulfide projects.