The Inland Revenue Board of Malaysia has issued the first edition of Public Ruling No. 2/2022, which provides guidance on the tax incentive for organizing conferences in Malaysia. The incentive is available for:
- Conference promoters promoting and organizing conferences in Malaysia as their main activity, as per Income Tax (Exemption) (No. 53) Order 2000; and
- Qualifying persons whose main activities are other than promoting and organizing conferences in Malaysia, as per Income Tax (Exempti…