Malaysia Gazettes Order on Corporate Income Tax Exemption for Qualifying Tour Operator Companies

The Malaysian Official Gazette April 7 published Order No. P.U. (A) 164/2026, on a corporate income tax exemption for qualifying tour operator companies. The order includes measures: 1) exempting resident licensed tour operator companies from corporate income tax on specified increases in income due to the qualifying activity of providing tour packages within Malaysia, including accommodation and transportation by air, land, or sea, used by foreign tourists who aren’t resident in, or citizens of, Malaysia; 2) require that the total number of foreign tourists for the qualifying activity be no fewer than 1,000 individuals in the basis period for the ...