Tax Alert 5 December 2019

Welcome to Tax Alert, Grant Thornton Malaysia’s newsletter on the latest tax updates and information.

Labuan Business Activity Tax (Amendment) Bill 2019

The Labuan Business Activity Tax (Amendment) Bill 2019 has been passed in the Parliament of Malaysia on 2 December 2019. The proposed amendments are as follows:

You may refer to the amendment bill as below:

Labuan Business Activity Tax (Amendment) Bill 2019 [ 199 kb ]

Should you require any clarification, please do not hesitate to contact your respective Grant Thornton tax adviser.