Following the tax proposals tabled in the parliament in October, a total of 3 Bills were tabled in parliament last week with proposed amendment to Income Tax Tax, Labuan Business Activity Tax & so on.

This morning we were in conversation with AwaniNiaga to highlight the newly revealed technicalities on Dividend Tax.

Given the enhanced audit & enforcement powers to LHDN on stamp duty matters, our Executive Director Thenesh Kannaa has urged businesses to conduct internal checking whether existing intragroup service agreements, other service agreements & instruments have been properly stamped proactively before the new powers come to effect on 1st Jan 2025.

The discussion also touches on proposed changes to RPGT Act & areas that businesses should look out for in coming months as more technical details unfold.

Thenesh is an Executive Director of TRATAX & International Tax Leader for the APAC region of WTS Global.