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