Malaysia published the Income Tax (Exemption) Order 2025 in the Official Gazette on 13 February 2025, which provides tax exemptions on certain payments received by or received from Labuan companies. In particular, the Order provides income tax exemptions for the following: Dividends received by a Labuan company; Dividends received from a Labuan company that are paid, credited, or distributed out of income derived from a Labuan business activity or income exempted from tax; Interest received by a non-resident person from a Labuan company other than interest accruing to a business carried on by a non-resident person in Malaysia if that...