EY Tax Alert No. 2/2021

EY has released its latest tax alert issue. This issue covers:

Malaysian developments

Guidelines on automation capital allowance for the services sector
Extension of tax incentive for issuance of sukuk under the principles of Wakalah
Extension of income tax exemption for directors of a Labuan entity

Overseas developments

Poland introduces new obligation to publish reports on tax strategy
Spanish Parliament approves final legislation to implement Mandatory Disclosure Rules (MDR)