Tag: lhdn

Tax, Audit, Advisory and Corporate Consulting for Malaysian Companies

LHDN: Withholding Tax on Must be Remitted by End of Following Month

KUALA LUMPUR – The Inland Revenue Board (LHDN) has announced administrative changes regarding the submission of the 2% tax deduction by companies making payments to resident individual agents, dealers or distributors (ADDs) effective July 2022. In a statement on Saturday (July 9), the agency said payees are required to make a cumulative 2% tax deduction …