Malaysia – Dewan Rakyat yesterday enacted the Temporary Measures for Reducing the Impact of Coronavirus Disease 2019 (Covid-19) (Amendment) Bill 2021, which aims to provide people and businesses impacted by the pandemic more room and opportunity to recover. Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Mutalib stated that the ministry (KPKT) was in discussions with the Ministry …

Malaysia – The Dewan Rakyat unanimously approved the Finance Bill 2021 recently. When concluding the discussion on the bill, Deputy Finance Minister I Datuk Mohd Shahar Abdullah said that a research on the abolition of the tax exemption on foreign-sourced income had been conducted two years ago. He said that it required the ministry to interact with connected parties, including …