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Malaysia Updates Public Ruling Explaining Group Relief for Companies

|Approved Changes|Malaysia
Malaysia

The Inland Revenue Board of Malaysia recently published Public Ruling No. 2/2025, which explains the tax treatment of group relief for companies that are incorporated and resident in Malaysia. Effective year of assessment (YA) 2006, group relief is available to all companies incorporated and resident in Malaysia, subject to the terms and conditions as provided under section 44A of the ITA. The…

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