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. 2021 Apr 17;209:105638. doi: 10.1016/j.ocecoaman.2021.105638

Table 5.

Tax-related initiatives.

  • •

    Port operators will be given import duty and sales tax exemption on imported or locally purchased equipment and machinery directly used in port operation from April 1, 2020 to March 31, 2023.

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    International shipping companies that established and operate business in Malaysia are given double tax deduction on pre-commencement expenditure for setting up regional offices in Malaysia.

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    Exempt payment for HRDF levy across all sectors for six months beginning April 2020.

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    Postponement of income tax instalment payments to all SMEs for three months beginning April 1, 2020.

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    Tax deduction on equipment provided to employees (PPE only)

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    Tax exemption of individual income tax on local tourism expenditure.