The Inland Revenue Board of Malaysia has recently introduced a special programme - Malaysia’s Special Voluntary Disclosure Programme (“SVDP”) for Stamp Duty with full waiver of penalty if the applicable stamp duty is settled between 1 January 2026 to 30 June 2026.
Businesses should take this opportunity to assess their stamp duty compliances and formulate necessary measures to mitigate any adverse risk which may arise following the implementation of Stamp Duty Self-Assessment System (in phases) effective 1 January 2026.
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