The Malaysian Inland Revenue Board (MIRB) published an updated Frequently Asked Questions document (FAQ) on its website on 19 October, 2020 regarding companies and individuals who have been impacted by COVID-19 travel restrictions. Future updates to the FAQ by the MIRB may be posted to the same URL.
This FAQ deals with the impact that COVID-19 has on a global scale and how the displacement of employees around the world could lead to unwanted or unforeseen tax implications. In this publication,we highlight the main points addressed in the FAQ and the Malaysian income tax implications for companies and individuals.
