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Budget 2021 Malaysia - Key Summary of Company - THK Management Advisory Sdn Bhd
Budget 2021 Malaysia - Key Summary of Company
14-Jan-2021
The tax highlights of Budget 2021 include:
Preferential corporate income tax rate of 0% to 10% for 10 years for manufacturers of pharmaceutical products
Extension and expansion of existing tax incentives that have worked well. In particular, the preferential tax rates of 0% to 10% for selected manufacturers to relocate their operations to Malaysia will be extended to companies in selected services sectors and the application period will be extended to 31 December 2022.
& more...
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