PETALING JAYA: The Government move to cap personal income tax at 15% in Iskandar Malaysia is expected to attract more investment to the economic region as well as speed up its development.
Last week, in a move to fast-track development at Iskandar, the Government proposed a special tax rate of 15% for knowledge workers in Iskandar compared with the maximum rate of 26% for the rest of the country.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!