Malaysia Tax News

Guidelines on co-location (in Kuala Lumpur) of Labuan Holding Companies released

16 July 2009

Treaty between Malaysia and Qatar enters into force

10 April 2009

Treaty between Kazakhstan and Malaysia enters into force

16 March 2009

Treaty between Chile and Malaysia enters into force and details

4 November 2008

Treaty between Chile and Malaysia approved by Chilean Congress

7 October 2008

Budget

7 October 2008

Labuan

30 August 2008

Protocol to treaty between Malaysia and Denmark enters into force

30 August 2008

Treaty between Qatar and Malaysia signed

11 August 2008

Framework on advanced ruling gazetted

14 May 2008

Treaty between India and Malaysia – Supreme Court of India decision on overriding effect of treaty provisions over domestic law

15 April 2008

Treaty between Venezuela and Malaysia ratified

16 March 2008

Treaty between Spain and Malaysia enters into force

16 March 2008

Launch of Labuan International Business and Financial Centre

16 March 2008

Budget for 2008 enacted

8 February 2008

Treaty between Morocco and Malaysia enters into force

3 December 2007

Tax incentives – Iskandar Development Region (details)

4 November 2007

Budget for 2008 – further details

4 November 2007

Budget for 2008 – details

1 October 2007

Treaty between Malaysia and Spain – details

2 September 2007

Draft framework on advanced tax rulings issued

24 March 2007

Treaty between Canada and Malaysia – negotiations to start

17 December 2006

Budget for 2007 – details

14 October 2006

Treaty between Korea (Rep.) and Malaysia – pre-approval application procedures for benefits finalized

14 October 2006

Treaty between South Africa and Malaysia – details

12 September 2006

Treaty between Spain and Malaysia signed

13 August 2006

Treaty between Malaysia and Saudi Arabia – details

13 August 2006

Plan to review Labuan's offshore tax regime

14 June 2006

Netherlands Ministry of Finance announces tax sparing credit provision under treaty with Malaysia no longer applies

16 March 2006

The new income tax treaty and protocol between Singapore and Malaysia, signed on 5 October 2004, entered into force on 13 February 2006. In Singapore, the treaty will generally apply from 1 January 2007. In Malaysia, the treaty will apply in respect of petroleum income tax to income derived on or after 1 January 2008 and in respect other tax from 1 January 2007. From these dates, the new treaty generally replaces the Singapore and Malaysia income tax treaty of 26 December 1968.

16 March 2006