The Finance Act 2023, incorporating the changes proposed in Budget 2023 (see Take 5: Malaysia Budget 2023 and Tax Alert No. 6/2023), was gazetted on 31 May 2023.
The Act adopts all the changes proposed in the Finance Bill, including the additional amendments made when the Finance Bill 2023 was passed by the Dewan Rakyat (see Tax Alert No. 6/2023).
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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