Tax incentive for organizing conferences in Malaysia

Public ruling no. 2/2022, issued on 29 July 2022

Taxpayers entitled to tax incentive: 1. conference promoter promoting and organizing conferences in Malaysia as its main activity

2. a qualifying person whose main activities are other than promoting and organizing conferences in Malaysia.

Eligibility for tax exemption: > need to bring in at least five hundred (500) foreign participants to attend conferences held in Malaysia in the basis year for a year of assessment

Mechanism of tax exemption: > the exemption granted is on 100% of the statutory income derived from organising conferences held in Malaysia in the relevant year of assessment.

For more details, kindly refer to examples in the public ruling no. 2/2022: https://phl.hasil.gov.my/pdf/pdfam/PR_02_2022.pdf

”Your tax, we care" ”No harm for knowing for tax knowledge"

Disclaimer： The above discussion is solely for education and awareness purposes. Thank You for your continuous support

Share Today

Tax incentive for organising conference.pdf

Download PDF • 846KB