by DNH (BD) | May 30, 2024 | Tax
The Goods and Services Tax (GST) was a form of value-added tax in Malaysia. Under the GST regime, businesses could claim back the GST paid for business expenses through an input tax credit mechanism. Regulation 46(1) of the GST Regulations allows businesses to claim...
by DNH (BD) | Nov 11, 2023 | Tax
When businesses secure loans to support their operations and growth, the interest paid on these loans is often considered a necessary cost. Are these interest expenses tax-deductible as business expenditures in Malaysia? In this article, we explore the tax...
by Donovan & Ho (BD) | Mar 1, 2021 | Corporate and Commercial, Tax
Doing Business in Malaysia: Tax Considerations for Foreign Entities With Or Without Physical Presence In Malaysia As a general rule, foreign businesses that wish to venture into the Malaysian market to provide goods or services in Malaysia will need to register their...
by Donovan & Ho (BD) | Mar 4, 2020 | Dispute Resolution, Tax
In a recent matter, our firm successfully represented a taxpayer in overturning the decision of the Customs Appeal Tribunal. In this case, the taxpayer was a GST registered effective 1 May 2018. However, because of the abolishment of the Goods and Services Tax (“GST”)...
by Donovan & Ho (BD) | Apr 10, 2019 | Tax
Malaysia’s government will impose a 6% digital service tax on foreign service providers beginning 1 January 2020, following the passing of the Service Tax (Amendment) Bill 2019 on 8 April 2019. The government has set the threshold for imposition of this...
by Donovan & Ho (BD) | Feb 12, 2019 | Tax
Introduction to Transfer Pricing for Malaysian Companies & Startups with Presence in Different Countries What is Transfer Pricing? Transfer pricing generally refers to inter-company pricing arrangements for the transfer of goods, services and intangibles between...
