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Malaysia Announces CbC Notification May be Made as Part of Company Tax Return — Orbitax Tax News & Alerts

The Inland Revenue Board of Malaysia issued a notice on 25 May announcing that constituent entities may furnish the Country-by-Country (CbC) report notification using the company tax return (C Form) starting from year of assessment 2021. With this change, the notification deadline for constituent entities submitting the C Form is changed from the last day of the reporting fiscal year to the return deadline of the constituent entity (generally 7 months after year-end).


Country-by-Country Reporting (CbCR) Notification using the C Form

Starting YA 2021, constituent entities can now furnish the Country-by-Country Reporting (CbCR) Notification using the C Form.

Constituent entities filing other forms should continue furnishing the notification using the existing method.

Notification (except for constituent entities submitting other than C form) should be made on or before the due date to file the C form.

Further enquiries regarding the matter should be made to