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Malaysia Publishes FAQ on International Tax Issues due to Covid-19 Travel Restrictions

15 May 2020

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Approved Changes

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Malaysia

The Inland Revenue Board of Malaysia (IRBM) has published Frequently Asked Questions (FAQ) on International Tax Issues Due to COVID-19 Travel Restrictions. The FAQs cover issues of residence, permanent establishment, and cross-border employment. For companies, the mains questions and answers include the following: Residence My company is unable to convene a meeting of the Board of Directors (BOD) in Malaysia because of COVID-19 travel restrictions. Will this have an effect on the company's residence status in Malaysia? If your company is not able to convene its Board of Directors' meeting in Malaysia due to COVID-19 travel restrictions, the IRBM is...