The Inland Revenue Board of Malaysia updated its guidance page on the Pillar 2 GloBE rules, including the addition of: Implementation Timeline of Global Minimum Tax (GMT) in Malaysia; and Frequently Asked Questions (FAQ) on GMT. Regarding implementation, an infographic includes the following key dates: 1 January 2025 - Effective Date for MNE groups with a consolidated financial statement period beginning on or after 1 January 2025; 31 December 2025 - Closing date for the first MNE group's consolidated financial statement for the year 2025; 30 June 2027 - Submission of the Top-up Tax Return (TTR), the Information Return (GIR),...