11 June 2020
Further to the Economic Stimulus Package (also known as PRIHATIN) to aid the people and businesses of Malaysia afflicted by the COVID-19 pandemic, the Government is now aiming to lead the country to the recovery phase. This is done with the announcement of the RM35 billion PENJANA stimulus package with measures introduced to attract investments and foster economic activities domestically to restore the economy. We highlight below the tax-related measures that have been announced.