The Malaysian Investment Development Authority (MIDA) recently announced the launch of the New Incentive Framework (NIF), which is effective from 1 March 2026 for the manufacturing sector and from a date to be determined in Q2 2026 for the services sector. The NIF includes special tax rates of between 0% and 15% for up to 15 years, as well as investment tax allowances of up to 100% that can be used to offset 70% to 100% of statutory income. Further losses incurred during the special rate pe…