The Inland Revenue Board of Malaysia has issued Public Ruling No. 3/2026, which explains the rules for claiming relief through bilateral or unilateral tax credits when the income of a Malaysian tax resident is taxed both in Malaysia and in a foreign country (i.e., double taxation). Broadly, the ruling covers the eligibility criteria, calculation methods, including in the case of overlapping periods, and the time limits and claim procedures. In general, bilateral credits may be claimed when t…