Malaysia has published Income Tax (Exemption) (No. 7) Order 2023 in the Official Gazette, which defers the taxation of capital gains from the disposal of unlisted shares. As previously reported, Malaysia's Finance (No. 2) Act 2023 introduced new rules from 1 January 2024 for the taxation of gains on the disposal of capital assets, including foreign capital assets, with a general exemption for gains from the disposal of capital assets situated in Malaysia, except for: Gains from the disposal of shares in a company incorporated in Malaysia that is not listed on the stock exchange; and Gains from the disposal...