The Finance Act 2025, enacted alongside the Measures for the Collection, Administration and Enforcement of Tax Act 2025, marks a further step in the government’s effort to broaden the tax base, reduce interpretative uncertainty and strengthen enforcement. Many of the measures take effect from 1.1.2026.   Taken together, the reforms signal a shift away from ambiguity-driven tax planning towards a framework where compliance discipline, documentation and transaction characterisa

Malaysia will introduce sweeping reforms to its stamp duty framework from 1 January 2026, marking a decisive shift towards self-assessment and tougher enforcement as part of broader tax administration reforms.   The changes, enacted under the Finance Act 2025 and the Measures for the Collection, Administration and Enforcement of Tax Act 2025, amend the Stamp Act 1949 and significantly alter how stamp duty is assessed, paid and enforced.   Stamp Duty Self-Assessment System (SD

The Court of Appeal delivered a significant ruling on the tax treatment of intercompany loan waivers, determining that forgiven debts are not taxable where the borrower has not previously claimed a deduction for the liability. The decision in Multi-Purpose Credit Sdn Bhd v Ketua Pengarah Hasil Dalam Negeri  [2025] CLJU 2453 is expected to have wide implications for group financing structures and balance-sheet clean ups across corporate Malaysia. The unanimous judgment turns o

In a recent decision, the Court of Appeal in SSB v Ketua Pengarah Hasil Dalam Negeri allowed the taxpayer’s appeal, holding that...

Recently, the Court of Appeal unanimously allowed a taxpayer’s appeal to claim capital allowance on the RM 141 million capital...

Recently, the Court of Appeal in EOS v Ketua Pengarah Hasil Dalam Negeri held that the Revenue has no legal authority to review and...

The Special Commissioners of Income Tax (SCIT) recently delivered a significant ruling on whether deemed interest can be imposed by the...

During Budget Speech 2025 delivered on 18.10.2024, the Government announced a progressive expansion to the scope of the Sales and Service...

Recently, the Court of Appeal allowed the taxpayer’s appeal where an order of mandamus was granted to compel the Minister of Finance...

Recently, the High Court in Ketua Pengarah Hasil Dalam Negeri v ELSB considered whether the Revenue could impose income tax on the gains...

The Service Tax (Amendment) Regulations 2025 (Regulations) came into effect on 1.7.2025, where among others, Regulation 3(j) adds scope...

Taxation funds public services and development, but governments may grant exemptions to spur growth or support key sectors. When such...

On 26 June 2025, the High Court allowed the taxpayer’s judicial review application to challenge the decision of the Minister of Finance...

Time barred assessments are a perpetual issue in Malaysia’s income tax regime. Section 91(1) of the Income Tax Act 1967 (ITA) provides...

Recently, the High Court upheld the decision of the Special Commissioners of Income Tax (SCIT) in MB v Ketua Pengarah Hasil Dalam Negeri...

In early February 2025, the United States (US) announced a series of additional tariffs on a number of nations including Malaysia. This...

Reinvestment allowance (RA) is a type of tax incentive available to taxpayers undertaking a qualifying activity described in paragraph 8...

Recently, in GSB v Pemungut Duti Setem, the taxpayer successfully challenged a stamp duty assessment raised at ad valorem  rate on a...

Recently, the High Court granted leave to taxpayer to commence judicial review proceedings against the Director-General of Inland Revenue...

Recently, the Court of Appeal delivered a landmark judgment in Ketua Pengarah Hasil Dalam Negeri v Berjaya Golf & Resort Berhad [2025] 2...