Withholding Tax in Malaysia: Meaning, Rates, Examples and How It Works
Common rates are 5% (for dividends, interest, certain services), 15% (for royalties, certain other services), and 20% (management fees). A part-year employee who figures income tax on a calendar-year basis may ask you to withhold tax by the part-year employment method. The request must be in writing, under penalties of perjury, and must contain gross […]