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Malaysia: Corporate income tax rates for Malaysian pharmaceutical manufacturers reduced

Description

On 17 February 2022, the government of Malaysia issued the Income Tax (Incentive for Manufacturers of Pharmaceutical Products Scheme) Rules 2022, requiring Malaysian pharmaceutical manufacturers to ma...

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Intervention Details

Intervention Type

Local operations incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Jan 2021

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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