Showing articles tagged with: tax

With enforcement intensifying and audit timelines tightening, taxpayers should assess now whether their TP Documentation is truly ready before the filing deadline.

IRBM has published key updates on e-Invoice following the Prime Minister's announcement, providing important guidance for businesses.

With the release of specific guideline on Domestic Top-up Tax and Frequently Asked Questions in February 2026, Malaysian Constituent Entities within an in-scope MNE group should now gear up for their first DTT filing.

The recent issued guidelines and frequently asked questions (released in January 2026) outline how companies – starting with those in the Manufacturing Sector could benefit from NIF.

Businesses should take this opportunity to assess their stamp duty compliances and formulate necessary measures to mitigate any adverse risk which may arise following implementation of Stamp Duty Self-Assessment System.

Updates to SST framework include reduced costs for essential goods, eased business compliance requirements, and enhanced support for community development initiatives.

The Inland Revenue Board of Malaysia has introduced a Stamp Duty Special Voluntary Programme (SVDP 2026), a 6-month penalty amnesty from 1 January 2026 to 30 June 2026.

With the increasing trend of TP audits in Malaysia, taxpayers should regularly assess their readiness and adopt a proactive compliance approach.

While the updated framework provides greater clarity on the audit coverage period, timelines and penalty provisions, it also signals a clear shift towards more active and structured enforcement.