Remember when PENJANA was launched on 5 June 2020, there is a special tax incentive to encourage investors in the manufacturing sector to relocate their manufacturing facilities to Malaysia? MIDA has issued a guideline on the special tax incentive under PENJANA.
Important : this special relocation tax incentive need to be made to MIDA during the period from 1 July 2020 to 31 December 2021.
The CP 58 tax compliance can be a complex task for business owners. In Malaysia, one such complexity lies in properly filing Form CP58 and the e-Invoice.
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