A year after the initial announcement, the Ministry of Finance and the Inland Revenue Board on 21 May 2020 released the much-awaited Guidelines on the Application of Subsection 12(3) and 12(4) of the Malaysian Income Tax Act 1967 in determining a “Place of Business”. These guidelines are of importance to a number of our member companies, as they have an impact on supply chains and other businesses in Malaysia.

EY is pleased to share their Special Tax Alert No. 15/2020. This edition covers:

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As the Covid-19 pandemic spreads across the globe, millions of people have found themselves working remotely for the foreseeable future. Working from home comes with many unique challenges — blurred boundaries, increased child care responsibilities, feelings of isolation — all of which can contribute to stress and burnout. While there are many daily habits you can do to reduce stress, such as meditation and setting work boundaries, sometimes these are not enough.