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Malaysia Publishes Updated Public Ruling on Residence Status of Companies and Bodies of Persons

|Approved Changes|Malaysia
Malaysia

The Inland Revenue Board of Malaysia has published Public Ruling No. 9/2019 on Residence Status of Companies and Bodies of Persons, which is the second edition of a ruling first published in 2011.

The Public Ruling provides that, in general, a company or a body of persons is resident in Malaysia for the basis year for a year of assessment if at any time during the basis year the management and…

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