Govt to cut rate to 15% for Malaysians who return


KUALA LUMPUR: The Government hopes to woo more Malaysians working overseas by offering them an income tax rate of 15% for five years under the Returning Experts Programme (REP), Datuk Seri Najib Tun Razak said.

The Prime Minister also said a new Residence Pass would be introduced for highly-skilled foreign workers, which would allow them to stay in Malaysia for 10 years.

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