Tīmeklis2024. gada 31. dec. · The substance requirements for various other types of businesses were also listed in the regulations. Labuan entities that do not meet the substance requirements would not be treated as carrying on a Labuan business activity and would be subject to tax under the Income Tax Act 1967 (ITA) instead of being taxed under … Tīmeklis2024. gada 27. jūl. · Labuan entities to deal with local currency and local residents and the imposition of restriction on tax deduction for payments made to Labuan entities. Needless to say, these changes in the Labuan tax regime have posed many challenges and uncertainties to Labuan entities. Key considerations With the changes in the …
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