AMCHAM Briefing: Pillar 2 and Malaysia’s Tax Incentive Landscape

The U.S. Department of the Treasury issued a statement on January 5, 2026, regarding an agreement to exempt U.S.-headquartered companies from certain aspects of the OECD Pillar Two global tax plan.

AMCHAM Members are invited to join us for a virtual briefing on Pillar 2 and its evolving implications for Malaysia and the U.S.-parented MNEs on Tuesday, 24 February 2026, from 9:30 AM to 11:00 AM.

Event Details:

Date: Tuesday, 24 February 2026

Time: 9:30 AM – 11:00 AM

Platform: Microsoft Teams (Meeting link will be sent to all registered emails 24hrs prior)

This session will feature experts from EY and Wong & Partners, who will provide practical insights on:

• An overview of Pillar 2 developments globally and in Malaysia
• The SbS agreement and what it means for the U.S.-parented multinational enterprises
• The implications of the recent SbS package on Malaysia’s tax incentive regime
• The interaction between Pillar 2 and Malaysia’s New Incentive Framework (NIF)
• How Malaysia’s current incentives stand up to peer review under Pillar 2, what competitor jurisdictions are doing, and how Malaysia’s regime may need to evolve to remain competitive and investment-ready

This timely discussion will help members manage emerging risks, align global tax strategies, and assess the long-term competitiveness of their Malaysian operations.

We encourage members to register early. For further inquiries, please contact [email protected].

For reading:

Treasury Secures Agreement to Exempt U.S.-Headquartered Companies from Biden Global Tax Plan

https://home.treasury.gov/news/press-releases/sb0350