Malaysia Tax News
Labuan
30 August 2008
Treaty between Qatar and Malaysia signed
11 August 2008
Framework on advanced ruling gazetted
14 May 2008
Treaty between India and Malaysia – Supreme Court of India decision on overriding effect of treaty provisions over domestic law
15 April 2008
Treaty between Venezuela and Malaysia ratified
16 March 2008
Treaty between Spain and Malaysia enters into force
16 March 2008
Launch of Labuan International Business and Financial Centre
16 March 2008
Budget for 2008 enacted
8 February 2008
Treaty between Morocco and Malaysia enters into force
3 December 2007
Tax incentives – Iskandar Development Region (details)
4 November 2007
Budget for 2008 – further details
4 November 2007
Budget for 2008 – details
1 October 2007
Treaty between Malaysia and Spain – details
2 September 2007
Draft framework on advanced tax rulings issued
24 March 2007
Treaty between Canada and Malaysia – negotiations to start
17 December 2006
Budget for 2007 – details
14 October 2006
Treaty between Korea (Rep.) and Malaysia – pre-approval application procedures for benefits finalized
14 October 2006
Treaty between South Africa and Malaysia – details
12 September 2006
Treaty between Malaysia and Saudi Arabia – details
13 August 2006
Treaty between Spain and Malaysia signed
13 August 2006
Plan to review Labuan's offshore tax regime
14 June 2006
Netherlands Ministry of Finance announces tax sparing credit provision under treaty with Malaysia no longer applies
16 March 2006
The new income tax treaty and protocol between Singapore and Malaysia, signed on 5 October 2004, entered into force on 13 February 2006. In Singapore, the treaty will generally apply from 1 January 2007. In Malaysia, the treaty will apply in respect of petroleum income tax to income derived on or after 1 January 2008 and in respect other tax from 1 January 2007. From these dates, the new treaty generally replaces the Singapore and Malaysia income tax treaty of 26 December 1968.
16 March 2006
Treaty between Saudi Arabia and Malaysia signed
16 March 2006
South Africa and Malaysia signed a first-time tax treaty on 26 July 2005. Further details of the treaty will be reported subsequently.
21 September 2005
Malaysia and Singapore signed a new income tax treaty and protocol on 5 October 2004.
11 July 2005