TaXavvy Issue 19/2025

In this issue:

Updated filing programme and FAQs on the Malaysian Income Tax Reporting System (MITRS)

The Inland Revenue Board (IRB) has recently updated the Filing Programme for Documents Specified under Section 82B through MITRS and issued new FAQs for MITRS. 

New e-Invoice FAQs for donations or contributions 

The IRB has issued the new e-Invoice FAQs for Donations or Contributions dated 7 July 2025.

The e-Invoice Guideline and e-Invoice Specific Guideline have also been updated with relevant references to the FAQs above. 

Updated general FAQs on implementation of e-Invoice 

The IRB has issued the updated General FAQs on Implementation of e-Invoice (dated 9 July 2025).

Updated Guidelines on CGT for Unlisted Shares

The IRB has issued the updated Guidelines on Capital Gains Tax (CGT) for Unlisted Shares dated 21 July 2025 which replaces the version dated 1 March 2024.

Public Ruling 2/2025 – Group Relief for Companies

The IRB has issued Public Ruling 2/2025 – Group Relief for Companies which replaces Public Ruling 6/2016 of the same title.   

Surcharge on transfer pricing adjustments 

The IRB has issued the following:

  • FAQ on Matters Arising from section 140A(3C) of the ITA 1967, as at 31 July 2025
  • Updated Transfer Pricing Tax Audit Framework dated 31 July 2025

The main update is in relation to the surcharge for transfer pricing adjustments.   

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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