Malaysia 2018 Budget Presented

On 27 October 2017, Malaysian Prime Minister Najib Razak presented the 2018 Budget. Some of the main tax-related measures of the Budget are summarized as follows:

• The extension of a number of tax incentive schemes through 2020, including the Principal Hub incentive, the incentive for investment in new 4 and 5 star hotels, the incentives for tour operators, and the incentives for medical tourism (also expanded);
• The expansion/extension of incentives for venture capital investment, including:
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