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Malaysia Publishes Updated Guidelines on Stamp Duty Relief for the Transfer of Assets between Associated Companies

|Approved Changes|Malaysia
Malaysia

The Inland Revenue Board of Malaysia (IRBM) has published updated guidelines on the stamp duty relief for the transfer of assets between qualifying associated companies, including the conditions for the relief and the application procedure. Some of the main conditions for the relief include:

  • The transferor and transferee company are associated for the purpose of the relief, meaning:
    • the trans…

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