by Donovan & Ho | Dec 6, 2017 | Real Estate, Tax
As an initiative to increase home-ownership for the nation, the Prime Minister, in the Budget 2018, has allocated RM2.2 billion to the housing development in Malaysia. What comes as a surprise to many is the 50% tax exemption on rental income received by Malaysian...
by Donovan & Ho | Apr 14, 2017 | Corporate and Commercial, Tax
Having received several queries on whether the changes to the Withholding Tax provisions in the Budget 2017 proposals (mentioned in our previous article) have already taken effect, we have decided to provide an update. Section 6 of the Finance Act 2017 deletes the...
by Donovan & Ho | Apr 12, 2017 | Corporate and Commercial, Employment Law, Tax
Planning ahead is essential for any kind of transaction. It is an exercise which helps to anticipate potential problems, allowing steps to be taken to pre-empt any of those problems from arising. It is no less true for the sale of a business. This article is written...
by Donovan & Ho | Mar 29, 2017 | Real Estate, Tax
The Stamp (Amendment) Bill 2016 was tabled for first reading in parliament on Nov 23 last year. Among other things, it proposes that ad valorem duty must be paid before the sales and purchase agreement (SPA) is signed. Under the current Act, the duty is paid in the...
by Donovan & Ho | Feb 23, 2017 | Dispute Resolution, Real Estate, Tax
Our partners were featured in the February – March 2017 edition of Asian Property Review: Donovan Cheah provided his views on the proposed amendments to the Bankruptcy Act 1967, by answering some questions posed by readers: The proposed amendments to the...
by Donovan & Ho | Dec 16, 2016 | Tax
In this article, we will explore the implications of the changes in withholding tax pursuant to the Budget 2017 (see our first article here) that may impact your business, especially if your business receives or outsources skilled services from overseas. The Expanded...
