From August 1, 2022, the payer has the option of deferring the payment of small-value WHT [*] rather than remitting the WHT deducted to the IRB within one month after the payment to a non-resident has been paid or credited.
WHT:
Section 109 of the Income Tax Act 1967
Royalty and interest earned by a non-resident
Section 109B of ITA 1967
Special classes of income under Section 4A of ITA 1967, including services and rental of movable property
Small-value WHT
It refers to WHT that does not exceed RM500 per transaction.
A payment of WHT with a low value is required to be made to the IRB once every six months in the following manner:
For withholding taxes on payments of a low value, the Inland Revenue Board of Malaysia (IRBM) has made the following withholding tax (WHT) forms available for download on its website:
Form CP37DS - 1/2022
Form CP37S - 1/2022
For more information or to give feedback, call the IRB's care line at 03-8911 1000, +603-8911 1100 (if calling from abroad), use the live chat service, or fill out the online feedback form on the official website.
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