Malaysia regulation update on tax reliefs for employees effective from 01 January 2024
Mercans
JANUARY 12, 2024
Tax relief for electric vehicles The relief is extended till year 2027. Eligibility conditions for this incentive are: carry out employment with an approved company global service hub incentive. Changes for C-Suite employees C-Suite employees are offered a flat tax rate of 15% on employment income for three consecutive years.
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