EY Tax Alert No. 19/2021

EY has released its latest tax alert issue No. 19/2021. This issue covers:

Malaysian developments

Practice Note No. 2/2021: Deduction allowed under the Income Tax (Deduction for Expenditure on Issuance of Sukuk and Retail Sukuk Structured Pursuant to the Principle of Wakalah) Rules 2021 [P.U.(A) 5/2021]
Special deduction on rental discounts given to tenants
Stamp duty exemptions
Labuan: Guidelines on Digital Governance Framework
Remission of tax and stamp duty

Overseas developments

Thailand: Non-resident electronic service providers subject to VAT from 1 September 2021
Indian Tax Tribunal rules on re-domiciliation and its impact on treaty entitlement