EY Tax Alert No. 8/2021
EY has released its latest tax alert issue (No. 8/2021). This issue covers:
Malaysian developments
- Guidelines and procedures for the application of special investment tax allowance (ITA) for the Electrical and Electronics (E&E) sector
- Guidelines on income tax exemption for religious institutions or organizations pursuant to Income Tax (Exemption) Order 2020 [P.U.(A) 139/2020]
Overseas developments
- Japan enacts 2021 tax reform bill
- Philippines enacts law reducing corporate income tax rates and rationalizing fiscal incentives
