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Malaysia Issues Public Ruling on a Director's Liability for Company Tax

|Approved Changes|Malaysia
Malaysia

On 14 March 2019, the Inland Revenue Board of Malaysia issued Public Ruling No. 2/2019, which explains the liabilities of a company director in respect of the company's tax, including:

  • Any tax that is due and payable by a company; and
  • Any debt that is due and payable by the company as an employer in relation to tax deductions from emoluments and pensions under the Monthly Tax Deduction (MTD).…

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