EY Tax Alert No. 14/2020

EY has released their latest tax alert issue. This issue covers new legal developments in Malaysia including:

The Guidelines on the imposition of penalties for failure to furnish tax returns
Management and control requirements for pure equity holding Labuan entities
Frequently Asked Questions on International Tax Issues due to the COVID-19 Travel Restrictions
Public Rulings and Technical Guidelines on the tax treatment of research and development (R&D) expenditure