Tax Act 2024 Taxes. This article focuses on selected provisions in the first six titles of the act with effective dates in 2023 and 2024, including anticipated technical corrections, potential. Malaysia has had an estate duty on property inherited from the deceased person in 1941.

Taxation provisions for the automatic enrolment retirement savings scheme. The 15% tax rate is for filers with taxable incomes between the 0% and 20%.