CTIM Malaysian Tax | Malaysia Tax Guidelines, Public Rulings

IRB Audit Framework 2013 for Tax Audit, Petroleum Audit and Transfer Pricing Audit

The Inland Revenue Board has issued an Audit Framework 2013 for Tax Audit, Petroleum Audit and Transfer Pricing Audit.

Customs issues GST Guide on Leasing

The Royal Malaysian Customs has issued a GST Guide on Leasing to assist readers to understand the goods and services tax and its implications on leasing.

Customs issues GST Guide on Hire Purchase and Credit Sale

The Royal Malaysian Customs has issued a GST Industry Guide on Hire Purchase and Credit Sale to assist readers to understand the Goods and Services Tax (GST) and its implications on hire purchase (HP) and credit sale.

IRB issues Public Ruling on Accelerated Capital Allowance

The Inland Revenue Board has issued a public ruling on Accelerated Capital Allowance (4 of 2013).

SC updates Guidelines on Private Retirement Schemes

The Securities Commission has updated its Guidelines on Private Retirement Schemes.

Measures on Further Improving Regulation of Goods and Vehicles Movement through the State Customs Borders of the Republic of Uzbekistan

The State Customs Committee of the Republic of Uzbekistan has issued a notification on Measures on Further Improving Regulation of Goods and Vehicles Movement through the State Customs Borders of the Republic of Uzbekistan.

IRB allows PDF Format for Income Tax Return Forms

The Inland Revenue Board has allowed the taxpayers to file Income Tax Return Forms E, BE, B, BT, M, MT, P, TP, TJ and TF for the year of assessment 2012 in PDF format. However, all users of PDF format forms are required to comply with the specified printing requirement.

Concession on Use of Form CP58

IRBM has agreed to extend the concession given earlier so that payer companies also need not issue Form CP58 for the calendar year of 2012.

IRB releases New CP58

The Inland Revenue Board has released a new version of CP58 Form in PDF and Excel Format.

IRB Ruling on Benefits in Kind

The Inland Revenue Board has issued a public ruling (Public Ruling 3 of 2013) on Benefits in Kind.