Malaysia
Individual - Foreign tax relief and tax treaties
Last reviewed - 27 June 2023Foreign tax relief
A tax resident is entitled to claim foreign tax credits against Malaysian tax. Where a treaty exists, the credit available is the whole of the foreign tax paid or the Malaysian tax levied, whichever is lower. In the absence of a tax treaty, the credit available is restricted to half of the foreign tax paid.
Tax treaties
Below is the list of countries with which Malaysia has a DTT:
Albania | Ireland | Russia |
Argentina (Limited Agreement) (1) | Italy | San Marino |
Australia | Japan | Saudi Arabia (3) |
Austria | Jordan | Senegal (2) |
Bahrain | Kazakhstan | Seychelles Republic |
Bangladesh | Korea Republic | Singapore |
Belgium | Kyrgyz Republic | Slovak Republic |
Bosnia & Herzegovina | Kuwait | South Africa |
Brunei | Laos | Spain |
Cambodia | Lebanon | Sri Lanka |
Canada | Luxembourg | Sudan |
China, People's Republic | Malta | Sweden |
Chile | Mauritius | Switzerland |
Croatia | Mongolia | Syria |
Czech Republic | Morocco | Thailand |
Denmark | Myanmar | Turkey |
Egypt | Namibia | Turkmenistan |
Fiji | Netherlands | Ukraine |
Finland | New Zealand | United Arab Emirates |
France | Norway | United Kingdom |
Germany | Pakistan | United States (Limited Agreement) (1) |
Hong Kong | Papua New Guinea | Uzbekistan |
Hungary | Philippines | Venezuela |
India | Poland | Vietnam |
Indonesia | Qatar | Zimbabwe |
Iran | Romania |
Notes
- Restricted to taxation of air and sea transport operations in international traffic.
- Pending entry into force
- Malaysia also has an Air Transport Agreement with Saudi Arabia.