The Inland Revenue Board of Malaysia (IRBM) has published Frequently Asked Questions (FAQ) on International Tax Issues Due to COVID-19 Travel Restrictions. The FAQs cover issues of residence, permanent establishment, and cross-border employment. For companies, the mains questions and answers include the following:
Residence
My company is unable to convene a meeting of the Board of Directors (BOD) in Malaysia because of COVID-19 travel restrictions. Will this have an effect on the company…