The Inland Revenue Board of Malaysia (IRBM) has published Frequently Asked Questions on the Special Deduction for Taxpayers on Rental Reductions Offered to SMEs, dated 28 April 2020. The deduction is part of the economic stimulus package for COVID-19, and includes that landlords of business premises that offer reduction or relief of rental payment to SME tenants from April 2020 to June 2020 are allowed to claim a special deduction equivalent to the rental reduction amount, subject to the condition that the reduction should be at least 30% of the existing rental rate of the determined period. The IRBM has...