The Inland Revenue Board of Malaysia has launched a public consultation on a draft public ruling that explains the tax treatment of Malaysian ships and the exemption of shipping income for qualifying persons resident in Malaysia. Once finalized, the public ruling will replace the first edition issued in December 2012. --- Public Consultation on Public Ruling The Inland Revenue Board of Malaysia (IRBM) invites comments on the proposal of "Public Ruling: Tax Treatment Of Malaysian Ship". The main purpose of public consultation is to seek stakeholders' views on the issue related to this public ruling. Please note that all views...