Malaysia MOF Presents 2026 Budget Speech

The Malaysian Ministry of Finance Oct. 10 presented the 2026 budget speech. The budget includes measures to: 1) introduce a 2 percent tax rate on annual dividend income exceeding 100,000 Malaysian ringgits (US$23,659) for partners in limited liability partnerships, from assessment year 2026; 2) expand the listing expense deduction to specified micro, small, and medium-sized enterprises (MSMEs) and provide it to MSMEs and technology companies, from assessment year 2026 to 2030; 3) increase to 8 percent from 4 percent the stamp duty rate on home transfer instruments for foreign companies and certain non-citizens, from Jan. 1, 2026; 4) extend from ...