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New Malaysian Tax Incentives for 2015

|Approved Changes|Malaysia
Malaysia

Malaysia's 2015 Budget, which was enacted 30 December 2014, includes several provisions regarding tax incentives, including:

  • A five year income tax holiday for companies engaged in managing, maintaining and upgrading industrial parks in underdeveloped areas, and a five year 70% income tax exemption for such activities in other areas
  • A 200% capital allowance for manufacturing automation invest…

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