Transcription of Tax Alert Highlights of 2018 Budget - EY
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Tax Alert Highlights of 2018 Budget - EY
Tax Alert Highlights of Budget 2018 (Part I) 29 October 2017 1 Newsletter title in this panel Newsletter subtitle Newsletter title in this panel Newsletter subtitle Newsletter title in this panel Newsletter subtitle Highlights of Budget 2018 (Part I) 28 October 2017 Masthead Masthead subtitle Masthead Masthead subtitle Tax Alert Tax Alert Highlights of Budget 2018 (Part I) 29 October 2017 2 Highlights Thin capitalization to be replaced with earnings stripping rules , which will limit the deductibility of interest expense New incentives introduced for selected industries and some existing tax incentives extended Reduction in personal income tax rates for certain chargeable income bands No increases in tax rates or new taxes announced alaysia s Prime Minister and Finance Minister, YAB Dato Sri Mohd Najib bin Tun Abdul Razak, delivered his Budget 2018 Speech at the Dewan Rakyat on 27 October 2017.
Tax alert Highlights of Budget 2018 (Part I) 29 October 2017 3 The Prime Minister also announced measures that focus on the rakyat.Among these measures is a one-time cash payment of RM1,500 in 2018 for civil servants and RM750 for government retirees, to help
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