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Budget for 2013 – enacted

|Approved Changes|Malaysia
Malaysia

The Budget Bill for 2013 was enacted on 10 January 2013 as the Finance Act 2013.

 Key points of the Budget are summarized below:

Direct taxation
(a) Corporate taxation.

-   Foreign company acquisition incentives to be reintroduced and a special tax rate to encourage local service providers to merge into bigger entities.
-   Tax incent…

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