Further to the Budget 2024 which was presented on 13 October 2023, the Ministry of Finance (“MOF”) has released the Finance (No.2) Bill 2023 which contains additional tax proposals and changes to the tax proposals announced during Budget 2024.

We are pleased to share with you some of the key updates in this newsletter on: -

  • E-Invoicing
  • Capital Gains Tax (CGT)
  • Real Property Gains Tax (RPGT)
  • Global Minimum Tax (GMT)
  • Sales and Service Tax (SST)
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