The Inland Revenue Board of Malaysia (IRBM) has issued Practice Note No. 2/2026, dated 18 March 2026, which explains the tax treatment of income distributions from real estate investment trust units (REITs) and property trust funds (PTFs) in Malaysia to unit holders other than resident companies, such as individuals, non-resident companies, foreign institutional investors, and others from year of assessment (YA) 2026. The Practice Note has been issued because preferential withholding tax (WH…