In consideration of the previous article on the upcoming 2025 Budget Tax Schemes, tax jargon can be difficult to decipher as they can often seem overwhelming and technical, but grasping the key terms is essential for anyone dealing with taxation.
The 2025 WADA Prohibited List will soon come into force on 1 January 2025.
Several notable amendments have been made in the World Anti-Doping Agency (‘WADA’) Code Prohibited List 2025.
Written by Lim Tse Hwei and Ashley Yip. In our previous article, we discussed the proposed taxes for the 2025 Budget. This article aims to review the tax highlights of the Finance Bill tabled in…
Before investing, purchasing or selling a piece of property in Malaysia, every individual or business taxpayer should understand every aspect of the tax system relating to assets. In Malaysia, there are two forms of taxes that can be imposed when purchasing and disposing property; Capital Gains Tax (“CGT”) and Real Property Gains Tax (“RPGT”). They are both forms of taxation that affect both individuals and business taxpayers who derive gain from the sale of their assets.
The 2024 judgement of Lassana Diarra and FIFPRO v FIFA and URBSFA shocked the footballing world. The case concerns Lassana Diarra, an ex-French national footballer stint at Russian Football Club Lokomotiv Moscow (2013-2017). After one year, Lokomotiv Moscow terminated the contract due to alleged contractual breaches. Upon termination, Diarra sought to enter a new contract with other football clubs, but FIFA regulations effectively hamstrung him from joining a new club under the concept of ‘contractual stability’.
In light of the new budget for 2025 by the Malaysian government, new tax schemes have been proposed, this article aims to revisit and refresh the understanding of the current tax structures and their definitions while getting acquainted with the various terms and policies that shape the financial landscape in Malaysia.
The five new proposed taxes for 2025 budget include unhealthy food tax, inheritance tax, carbon pricing tax, AI tax and high value goods tax.
Reported by Michelle Yap The inaugural Malaysia Sports Law Summit (‘MySLS’) 2024, organised by the Malaysian Bar’s Sports and e-Sports Law Practice Committee (SeLPC), marked a precedential milestone in advancing the development, jurisprudence and growth…
Reported by Tee Puang Yan, Farah Aqila, Nurul Athirah Ja’afar, Kam Sue Herng and Iman Balqis On the 27th November 2024, the Malaysian Bar held its inaugural conference on ESG (Environmental, Social and Governance), particularly…