Foong Cheng Leong

Tag: Malaysia tax laws

Withholding Tax Exemption on Payment to Non Residents For Technical Advice, Assistance, etc

The Minister of Finance has granted withholding tax exemption (WHT) on payments to non-residents that fall within Section 4A(i) and (ii) of the Income Tax Act in respect of offshore services via the Income Tax (Exemption) (No. 9) Order 2017. In effect this reverts to the previous position, such that intellectual property services (such as…

October 29, 2017
Guidelines On Taxation of Electronic Commerce

In early 2013, the Inland Revenue Board (IRB) of Malaysia’s issued a guideline on how income derived from e-commerce is to be taxed. This guideline seeks to provide some guidance on basic tax issues and income tax treatment in respect of electronic commerce (e-commerce) transactions. Notably, the IRB stated that a server / website itself…

October 1, 2014
Income Tax (Deduction for Expenditure on Registration of Patent and Trade Mark) Rules 2009 [P.U. (A) 418/2009]

First published on 18 January 2010 From the year of assessment of 2010 until the year of assessment of 2014, certain companies and enterprises are able to claim tax deduction for fees or payments made to register patents and/or to register trade marks under the Malaysian Patents Act 1983 and Malaysian Trade Marks Act 1976…

April 22, 2011