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Key Malaysian Tax Considerations in Post-Budget Times

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vindheim
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Set against the background of further developments in international taxation and transfer pricing, the 2021 Budget is the largest budget in Malaysian history, designed to encourage recovery and investment. In order to spur economic growth, the government proposed various new and enhanced incentives to make the nation more attractive for multinationals in the global supply chain. In this volatile economic environment, multinationals need to ensure ongoing compliance with the regulations, minimize their overall effective tax rates and maintain their global competitiveness.
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