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TaXavvy Issue 20/2024

In this issue:

Malaysia Digital tax incentives

On 31 May 2024, Malaysia Digital Economy Corporation Sdn Bhd unveiled its outcome-based Malaysia Digital (MD) tax incentives for MD companies proposing to undertake qualifying activities by leveraging any of the following promoted tech enablers:

  • Artificial Intelligence (AI) and / or Big Data Analytics (BDA)

  • Internet of Things (IoT)

  • Cybersecurity

  • Cloud

  • Blockchain

  • Drone Technology

  • Creative Media Technology including Extended Reality (XR) and / or Mixed Reality (MR)

  • Integrated Circuit (IC) Design with Embedded Software

  • Robotics and / or Automation

  • Advanced Network Connectivity and / or Telecommunication Technology

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.

Download (PDF) TaXavvy Issue 20/2024

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