Malaysia has published the Income Tax (Exemption) (No. 2) Order 2017 in the Official Gazette. The Order sets out the conditions and method of determination for the special reduced tax rates on the year-on-year incremental increase in chargeable income for years of assessment 2017 and 2018. The amount of the reduction depends on the amount of the incremental increase as follows: 1% reduction for an incremental increase of 5% to 9.99% (23% rate on incremental amount); 2% reduction for an incremental increase of 10% to 14.99% (22% rate on incremental amount); 3% reduction for an incremental increase of 15% to...