LHDNM - Guideline on Tax Treatment for Labuan Entities with Dormant Status
On 31 October 2022, Lembaga Hasil Dalam Negeri Malaysia (LHDNM) issued the Guideline on Tax Treatment for Labuan Entities with Dormant Status (LHDN.AG.600-1/7/3) to provide clarification on the tax treatment of Labuan entities with dormant status under the Labuan Business Activity Tax Act 1990 [Act 445] as prescribed through the Labuan Investment Committee (LIC) Pronouncement 1-2019 and 2-2019 dated 19.06.2019 and 11.12.2019 respectively.
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