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Malaysia Withdraws Withholding Tax Exemption on Certain Payments from MSC Status Companies

|Approved Changes|Malaysia
Malaysia

The Malaysia Digital Economy Corporation (MDEC), which oversees that Multimedia Super Corridor (MSC) Malaysia initiative, has announced that the withholding tax exemption on certain payments received by non-residents from MSC status companies in Malaysia is withdrawn with effect from 1 January 2020. This includes the exemption on payments of:

  • fees for technical advice or technical services;
  • l…

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