Global Trade Alert
Global Trade Alert

Malaysia: Corporate income tax rates for Malaysian pharmaceutical manufacturers reduced

Announcement

17 Feb 2022

In February 2022, the government of Malaysia reduced corporate income tax rates for Malaysian pharmaceutical manufacturers.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2021

Revocation date:

31 Dec 2022

Updated: 17 Feb 2022
Local operations incentive

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

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Updated: 17 Feb 2022
Local labour incentive

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

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Updated: 17 Feb 2022
Tax or social insurance relief

On 17 February 2022, the government of Malaysia issued the Income Tax (Incentive for Manufacturers of Pharmaceutical Products Scheme) Rules 2022, reducing corporate income tax rates for Malays...

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