In earlier article the mechanism of the single-tier corporate tax system as announced in the Budget 2008 on Sept 7 has been discussed.
Reported in the Press, as a result of the effect of the new system on dividends this will pose some of the following impact on:-
Corporate:

Chemical paint maker Acoustech Bhd has had to change […]

Two Major Changes are:
The abolishment of the imputation system and the implementation of single-tier system of taxation for dividends, impacting both the Inland Revenue Board (IRB) and the taxpayer. Present:

Company income tax is based on the full imputation system where tax is imposed at the company level and at the shareholder level on dividends. The […]

Advance Tax Ruling (ATR) was introduced during the 2007 Budget speech (1/9/2006) by Datuk Abdullah Badawi.
So what is difference between an Advance Tax Ruling compared to the Public Ruling?
Append below the contrast:
Advance Tax Ruling:

Advance Tax Ruling is the Director-General of Inland Revenue’s written interpretation on how any provision of the Income Tax Act, 1967
It applies […]

At the Invest Malaysia Conference 2007 held on 22 March 2007, our Prime Minister during his speech presented at the Invest Malaysia Conference 2007 on 22 March 2007:

The Government has decided not to impose Real Property Gains Tax (RPGT) throughout the country commencing 1 April 2007.
A first incentives package was announced for the Iskandar Development […]

Interesting key features from Singapore Second Finance Minister Tharman Shanmugaratnam when presenting the 2007/2008 budget:

the plans to raise the country’s goods and services tax (GST) to 7% from 5% from July 1 and cut corporate tax by 2 percentage points to 18% next year.
the GST increase will be used to redistribute wealth to address dramatic […]