MALAYSIA TAX BUDGET 2010: PERSONAL INCOME TAX INCENTIVES FOR THOSE WORKING IN THE ISKANDAR REGION.

If a person apply and commence his or her employment in Iskandar Malaysia between Oct 24, 2009 and Dec 31, 2015, provided that he or she is  qualify as a Malaysian tax resident, his/her employment income will be taxed at the flat rate of 15%.

This could be substantially lower compared to the effective tax rate of a Malaysian tax resident.

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October 27, 2009   Posted in: IDR, Malaysia, Personal Tax

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