Malaysia's 2015 Budget, which was enacted 30 December 2014, includes several provisions regarding tax incentives, including:
- A five year income tax holiday for companies engaged in managing, maintaining and upgrading industrial parks in underdeveloped areas, and a five year 70% income tax exemption for such activities in other areas
- A 200% capital allowance for manufacturing automation investments up to MYR 4 million for highly labor intensive manufacturing from 2015 to 2017, and automation…