While the additional tax burden on groups investing in Malaysia may be inevitable, introducing this measure would at least allow us to benefit from the additional revenue, which could be used to further incentivise investment here.
WHILE we do not know when the Covid-19 pandemic will be over, international tax rules continue to evolve.
On June 5, 2021, the Group of Seven (G7) finance ministers met mask-to-mask in London, and announced the high-level political agreement on global tax reform.
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