15% tax rate in Iskandar only for certain target group


PETALING JAYA: Knowledge workers in Malaysia who are considering packing up to move to Iskandar Malaysia in Johor to take advantage of the 15% income tax rate proposed a year ago, better think again. The incentive is not for those who are already employed in the country. Instead, it appears that the main target group is knowledge workers based overseas.

In addition, the Government has formulated what some people feel is a narrow definition of the knowledge workers who qualify for this scheme.

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