Malaysia's Finance Act 2019 (Act 823) was published in the Federal Gazette on 31 December 2019, which includes certain measures of the 2020 Budget and others. The measures include the following changes to the Income Tax Act 1967: An increase in the general restriction on the deduction of any gift of money made by a company to any approved institution, organization or fund from 5% of the aggregate income of the company in the relevant year to 10%, as well as certain other related amendments; A change in the penalty for tax or additional tax payable as a result of...