Malaysia Tax Agency Updates Public Ruling on Withholding Tax for Nonresidents Income

The Malaysian Inland Revenue Board Dec. 10 updated a public ruling on withholding tax for specified payments made to nonresidents. The updates clarify that: 1) income of nonresidents from specified taxable services is subject to withholding taxes; 2) employers have a duty to withhold and remit withholding taxes within one month; 3) services provided through the permanent establishment of nonresidents are subject to the withholding tax; 4) several services are exempt from the withholding tax; and 5) penalties apply for late payment or non-payment of withholding taxes [Malaysia, Inland Revenue Board, 12/10/19]

Reference:
View Public Ruling No. 10/2019. View ...