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Invitation for Public Consultation on Draft Public Ruling – Tax Treatment On SPV Companies

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The Inland Revenue Board of Malaysia (HASiL) has uploaded the Draft PR on Tax Treatment On Companies That Established Special Purpose Vehicles For The Issuance Of SUKUK – Section 60I Income Tax Act 1967 on its website for the public’s comments/feedback before finalising the PR:

The objective of the Public Ruling (PR) is to clarify the tax treatment on companies that established Special Purpose Vehicles (SPV) for the issuance of sukuk under section 60I of the Income Tax Act 1967 (ITA).

The main purpose of this public consultation is to seek stakeholders’ views on the issues related to this draft PR.

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