Malaysia has published the Income Tax (Exemption) (No. 13) 2005 (Revocation) Order 2019 in the Official Gazette, which revokes the withholding tax exemption on certain payments received by non-residents from MSC status companies in Malaysia as provided by the Income Tax (Exemption) (No. 13) Order 2005. This includes the exemption on payments of:
As announced earlier in the year by the Malaysia Digital Economy Corporation (MDEC), which oversees that Multimedia Super Corridor (MSC) Malaysia initiative, the exemption is revoked with effect from 1 January 2020.
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