Corporate - Significant developmentsLast reviewed - 09 December 2022
Foreign-sourced income taxed upon remittance into Malaysia
Foreign-sourced income of all Malaysian tax residents, except for the following (subject to conditions), which is received in Malaysia, is no longer exempted with effect from 1 January 2022:
- Dividend income received by resident companies and limited liability partnerships.
- All classes of income received by resident individuals, except for resident individuals who carry on business through a partnership.