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Malaysia Provides New Guidance on Tax Treatment of Investment Holding Companies

|Approved Changes|Malaysia
Malaysia

The Inland Revenue Board of Malaysia has issued Public Ruling No. 2/2024, which updates and replaces Public Ruling No. 10/2015 on the tax treatment of investment holding companies. The update includes two main changes.

The first change is the insertion of a new paragraph 9.4 on expenses and deductions related to single-tier dividends. The new paragraph explains that with effect from year of …

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