News & Reviews:   tax

It was only at the end of 2025 that we reported "Finfluencers” without a proper license would be penalised. But today, the Lembaga Hasil Dalam Negeri Malaysia (LHDN) has introduced new tax guidelines that require social media and digital influencers to declare all forms of income. Here's what influencers and KOLs (key opinion leaders) should know.

Malaysia’s electric vehicle market has been given a last-minute reprieve on tax incentives, with fully imported electric vehicles (CBU EVs) eligible for import and excise duty exemptions as long as they arrive in the country before 28 December 2025. This comes amid the scheduled end of EV tax breaks at the close of the year, which is expected to raise prices for imported EVs starting 1 January 2026.

President Trump's tariffs have sure caused a lot of ruckus. Initially, electronic devices were part of the tariffs but got exempted not too long ago. Apple CEO Tim Cook may have something to do with it.

The Inland Revenue Board (LHDN) has issued a reminder to taxpayers in the country to check their tax arrears and travel restriction status before planning any trips abroad. Furthermore, the LHDN also revealed the number of individuals in the country barred from travelling abroad due to tax-related issues.

The Service Tax (Amendment) Bill 2019 has been passed earlier today, allowing for the taxation of digital services such as Netflix, Spotify, Steam and more provided by foreign entities by as much as 6%.

The Minister of Finance, Lim Guan Eng recently discussed the allocation of funds for Budget 2019. This article will highlight on the Minister of Finance's plans for information and technology for the upcoming year of 2019.