On 27 October 2017, Malaysian Prime Minister Najib Razak presented the 2018 Budget. Some of the main tax-related measures of the Budget are summarized as follows: The extension of a number of tax incentive schemes through 2020, including the Principal Hub incentive, the incentive for investment in new 4 and 5 star hotels, the incentives for tour operators, and the incentives for medical tourism (also expanded); The expansion/extension of incentives for venture capital investment, including: An expansion of the income tax exemption to include management and performance fees received by venture capital management companies from 2018 to 2022; A reduction...