Today’s Malaysian 2023 Revised Budget Stands by 2024 Global Minimum Tax

Malaysia issued its 2023 revised Budget today (4pm Malay time). The original October 2023 Budget included a commitment to introduce the Pillar Two GloBE Rules and a Qualified Domestic Minimum Top-Up Tax from 2024. 

The revised Budget has been awaited for any further details of the implementation schedule. 

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