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Malaysia 2021 Budget Tabled Including Focus on Tax Incentives

|Proposed Changes|Malaysia
Malaysia

On 6 November 2020, Malaysia's Minister of Finance tabled in parliament the Budget for 2021. As highlighted in the Budget speech, tax-related measures of the Budget are largely focused on incentives and include the following:

  • A review (revision) of tax incentives for companies relocating their operations to Malaysia and undertaking new investments, including:
    • an extension of the deadline for …

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