On 21 October 2016, Malaysian Prime Minister Najib Razak presented the 2017 Budget. The main tax-related measures include:

• An increase in the stamp duty rate from 3% to 4% on real estate transfers of MYR 1 million or more from 1 January 2018;
• The introduction of a special scheme for the 2017and 2018 years of assessment that provides for a reduction of the standard income tax rate for the year-…