Malaysia agrees to implement global minimum tax on MNCs


Inland Revenue Board chief executive officer Datuk Mohd Nizom Sairi.

PUTRAJAYA: Malaysia has agreed in principle to implement global minimum tax of 15 per cent on certain multinational companies (MNCs), said Inland Revenue Board (IRB) chief executive officer Datuk Mohd Nizom Sairi.

He said Malaysia is among 136 countires announced by the Organisation for Economic Co-operation and Development (OECD) previously as being ready to undertake reform in the global taxation system.

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