Written by Lim Tse Hwei and Ashley Yip. Pemungut Duti Setem v Ann Joo Integrated Steel Sdn Bhd W-01(A)-227-04/2022 Held in the Court of Appeal (“COA”) whereby the date of judgment is 13th November…
Written by Lim Tse Hwei and Kam Sue Herng. Merimen Online Sdn Bhd v. Ketua Pengarah Hasil Dalam Negeri (KPHDN) [2024] MLJU 3334 Held in the Court of Appeal, Putrajaya whereby the date of judgement is…
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.
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.
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.
2024年9月20日，马来西亚第二财政部长拿督斯里阿米尔韩沙•阿兹占宣布在柔佛州的森林城市设立新的金融特区（又称“SFZ”）。一系列激励措施已被推出，以吸引企业和人才进入这一新的金融特区，尤其是针对家族财富管理办公室及更广泛的金融行业。以下是已概述的主要激励措施。
On 20th September 2024, Malaysia’s Minister of Finance II, Datuk Seri Amir Hamzah Azizan, announced the establishment of a new Special Financial Zone (‘SFZ’) in Forest City, Johor. A range of incentives have been introduced to attract businesses and talent to this new SFZ, particularly, targeting industries such as family wealth offices and the broader financial sector. Below are the key incentives that have been outlined.
Written by Richard Wee and Lavannya Nair There are three stages available to an aggrieved individual to resolve a dispute regarding service tax. Set against the backdrop of the abrogation of the Goods and Service…
On 8 November 2019, RWC was invited to speak at the “Income Tax, Audit and Company Reg for Esports” talk hosted by Benny Teh and Ipohnex at The Pantheon. RWC’s Bryan Boo shared with the attendees the…