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Introduction

Following the general elections on 9 May 2018, a new Malaysian Government has been formed by the Pakatan Harapan coalition (Coalition), under the stewardship of newly-appointed Prime Minister, Tun Dr. Mahathir Mohamad.

In the run up to the elections, the Coalition published a comprehensive manifesto (Manifesto) outlining the key policies and actions that it is committed to implementing. In this alert, we will discuss some of the key tax changes and reforms included in the Manifesto that will be pertinent for businesses with operations in Malaysia.

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