FINANCIAL SERVICES
Further extension on short selling ban
The Securities Commission Malaysia and Bursa Malaysia Securities Berhad announced a further extension, until 29 August 2021, of the existing suspension of Intraday Short Selling (IDSS) and Short Selling by Proprietary Day Traders on the stock exchange of Bursa Malaysia Securities Berhad. The scope of the ban remains the same.
CONTACT US FOR FURTHER INFORMATION REGARDING FINANCIAL SERVICES MATTERS.
TAX & REVENUE
Sales tax
An Industry Guide on Manufacturing and Import/Export (as at 1 January 2021) has just been published on the Royal Malaysian Customs Department’s MySST website.
Service tax
A revised version of the Industry Guide on Information Technology Services (as at 8 March 2021) has just been published on the Royal Malaysian Customs Department’s MySST websiteto replace the earlier version dated 13 July 2020.
CONTACT US FOR FURTHER INFORMATION REGARDING TAX AND REVENUE LAW MATTERS.