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All employment contracts in Malaysia will need to be stamped starting January 2026, according to the country's Inland Revenue ...
Under the Framework, the IRB will conduct more extensive stamp duty audits on companies selected through a computerised system. This selection method makes stamp duty audits less predictable compared ...
"Through the audit activities and compliance operations, one of the key findings has been that many employment contract documents between employers and employees have not been stamped as required ...
The person liable to pay stamp duty is set out in the Third Schedule of the Act. The relevant deadlines for an instrument to be stamped are as follows: If the instrument is executed in Malaysia, it ...
We also share our concerns with the National Chambers of Commerce and Industry Malaysia ... the Stamp Duty on Contract Workers and postpone the implementation until the Stamp Duty Act 1949 ...
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Free Malaysia Today on MSNRaise stamp duty exemption threshold for job contracts, says FMMFMM president Soh Thian Lai urged the government to raise the stamp duty exemption threshold for employment contracts from ...
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‘Stamp duty for job contracts another burden for businesses’“Especially in Malaysia’s current situation ... hinder hiring and even affect salaries. While the stamp duty is legally enforceable under the Act, Low said clearer guidelines and more ...
The sudden enforcement drive, under the newly released Stamp ... Malaysia. What many are only now discovering is that the legal obligation to stamp these documents has existed since the Stamp Act ...
The Malaysian government has reduced the stamp duty for shares traded on Bursa Malaysia, lowering it to 0.10% from 0.15% of contract value, subject to a maximum cap of RM1,000 ($289.61) per contract, ...
KUALA LUMPUR, Jan 17 (Reuters) - Malaysia will review bilateral agreements with 15 nations from which it sources labourers in a bid to address exploitative practices and manpower imbalances that ...
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