Tax Act 2024. 15th july 2024 is the final date for submission of form b year assessment 2023 and the payment of income tax for individuals who earn business income. The modified adjusted gross income (magi) amount used by joint.

The income tax (amendment) bill 2024 (“ita amendment bill”) and labuan business activity tax (amendment) bill 2024 (“lbata amendment bill”) have been tabled for first. This publication is a quick reference guide outlining malaysian tax information which is based on taxation laws and current practice.