Tax Bulletin 18 May 2020 - Operational Guidelines GPHDN 2/2020

Kuala Lumpur, 18 May 2020 -  Further to our tax bulletin dated 22 April 2020, the Inland Revenue Board (IRB) has issued the operational guidelines GPHDN 2/2020 [click here, available in Bahasa Malaysia only] pertaining to the revision of tax estimate in the third month instalment in year 2020 and deferment of instalment payments for companies in the tourism industry as well as Small and Medium Enterprises (SMEs).

GPHDN 2/2020 is essentially a summary and codification of previous FAQs issued by the IRB [click here] in the form of a formal guideline on the subject. Some examples are also given in the guidelines. Please refer to the examples for further information.

For any enquiries or assistance, please contact any of the following in this office:

Mr Anand Chelliah 
Managing Partner, Tax Services 
Asia Pacific Tax Leader 
DL: +6 (0)3 2297 1093 
anand.chelliah@bakertilly.my 

Mr Marcus Tan 
Executive Director (Corporate Tax & Tax Incentive), Tax Services 
DL: +6 (0)3 2297 1521 
marcus.tan@bakertilly.my 

Mr Yohan Francis 
Executive Director (Transfer Pricing), Tax Services 
DL: +6 (0)3 2297 1096 
yohan.xavier@bakertilly.my 

Mr Murugan Anbanantham 
Director (Technical), Tax Services 
DL: +6 (0)3 2297 1004 
murugan.anbanantham@bakertilly.my 

Ms Tay Siew Chu 
Associate Director (Corporate Tax & Personal Tax), Tax Services 
DL: +6 (0)3 2297 1139 
siewchu.tay@bakertilly.my 

Ms Sandra Saw 
Associate Director (Corporate Tax & Sales Tax and Service Tax), Tax Services 
DL: +6 (0)3 2297 1146 
sandra.saw@bakertilly.my