The Inland Revenue Board of Malaysia (IRBM) has announced the implementation of the Special Voluntary Disclosure Programme (SVDP) 2.0 from 6 June 2023 until 31 May 2024. The SVDP provides a 0% penalty/surcharge rate for voluntary disclosures made during the implementation period. The SVDP is available for both resident and non-resident taxpayers, including:
Source: Orbitax
Latest Posts in "Malaysia"
- Malaysia 2025 Tax Updates: E-Invoicing, Dividend Rules, and MSME Support Announced
- Malaysia’s 2025 SST Reform: Expanded Tax Scope, New Rates, and E-Invoicing Challenges
- Government Favors Enhancing SST Over Reintroducing GST for Faster Revenue and Fiscal Impact
- MoF Favors SST Over GST for Faster Implementation and Revenue Generation
- Malaysia’s 2026 E-Invoicing Mandate: Key Updates and Implementation Timeline
