Malaysia: Highlights of Finance Bill 2015

Malaysia: Highlights of Finance Bill 2015

Tax provisions in the Finance Bill 2015 are provided in an outline prepared by the KPMG member firm in Malaysia. Among the proposals are measures relating to:

Related content

  • Goods and services tax (GST)
  • Reinvestment allowance for manufacturing companies
  • Limitation relating to the industrial building allowance claim
  • Rules relating to the depreciation treatment of replacing an asset or part of an asset
  • The tax deduction of an interest expense

 

Read a November 2015 report prepared by the KPMG member firm in Malaysia: Finance Bill 2015 Highlights

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit

KPMG's new digital platform

KPMG's new digital platform