CCH Articles

Effective 1 July 2025, rental and leasing services will be subject to an 8% service tax under Group K, First

Check out the New Article on understanding the capital statements, challenges of High-Net-Worth Individuals, Tax Investigations, Inconsistent income with assets owned, the very own Capital Statement and Impact of AI in Tax Administration. Read more by clicking the URL.

Effective 1 July 2025, rental and leasing services will be subject to an 8% service tax under Group K, First Schedule of the Service Tax Regulations (STR) 2018. This marks a significant expansion of the service tax regime, impacting a wide range of businesses engaged in leasing or renting tangible assets in Malaysia. Read more by clicking the URL.

This article provides an analysis of the newly introduced 2% dividend tax, exploring its strategic implications for high-value shareholders and its impact on corporate profit distribution planning.

This article provides a foundational overview of estate taxation, defining the assets that comprise a deceased person's estate and distinguishing between testate and intestate administration. While it clarifies that Malaysia abolished estate tax in 1991, the guide details other critical tax obligations that remain relevant, including Real Property Gains Tax (RPGT) on asset disposals, stamp duty on property transfers, and the income tax responsibilities of an executor during the estate's administration.

This article examines the taxation of digital assets in Malaysia under the Income Tax Act 1967, clarifying that while cryptocurrencies are not recognized as legal tender, transactions involving them may still attract tax obligations. It details the distinction between revenue assets, which are subject to income tax, and capital assets, which are currently exempt from Capital Gains Tax (CGT), while providing guidance on valuation methods like FIFO and the critical importance of maintaining comprehensive records for audit readiness.