Malaysia Tax Agency Issues Bulletin on Various Tax Initiatives for 2025

The Malaysian Inland Revenue Board Aug. 22 issued e-Bulletin No. 4/2025, on various tax initiatives for 2025. Topics covered include: 1) the 2 percent individual income tax rate for annual dividend income exceeding 100,000 Malaysian ringgits (US$23,768), from 2025; 2) that companies issuing dividends derived from Malaysia must provide dividend certificates or vouchers to shareholders specifying the gross dividend amount and the amount paid or credited; 3) implementation of the e-invoicing regime for taxpayers with annual income between 5 million ringgits (US$1.1 million) and 25 million ringgits (US$5.9 million), from July 1; 4) the increase to 750,000 ringgits (US$178,282) from ...