Malaysia's tax regime should stay current, sustainable post-Covid-19 - EY Malaysia

KUALA LUMPUR: The tax regime in Malaysia should stay current and continue to be sustainable to attract new domestic and foreign direct investments into the country in the wake of the changing investment landscape posed by COVID-19.

With the easing of pandemic restrictions and declining daily cases of about 2,000, there are signs of a rebound for the Malaysian economy with more businesses being reopened, thus, providing current and sustainable tax incentives that will certainly soothe foreign investor nerves.