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Update - Malaysia Reduces Service Tax on Rental and Leasing Services

|Approved Changes|Malaysia
Malaysia

Malaysia published the Service Tax (Rate Of Tax) (Amendment) Order 2026 in the Official Gazette on 13 March 2026 for the reduction of the service tax rate on rental or leasing services. As previously reported, the Ministry of Finance announced earlier in the year that, among other things, it was decided to reduce the service tax rate on rental or leasing services from 8% to 6% with effect from 1 January 2026. The reduction is formally implemented through the order, which is deemed to have co…

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