Corporate Tax Rate in Malaysia remained unchanged at 24 percent in 2021 from 24 percent in 2020. source: Inland Revenue Board of Malaysia

Corporate Tax Rate in Malaysia averaged 26.12 percent from 1997 until 2021, reaching an all time high of 30 percent in 1997 and a record low of 24 percent in 2015. This page provides - Malaysia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Corporate Tax Rate - values, historical data and charts - was last updated on July of 2022.

Corporate Tax Rate in Malaysia is expected to reach 24.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Corporate Tax Rate is projected to trend around 24.00 percent in 2022, according to our econometric models.

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Malaysia Corporate Tax Rate



Related Last Previous Unit Reference
Personal Income Tax Rate 30.00 30.00 percent Dec 2021
Corporate Tax Rate 24.00 24.00 percent Dec 2021
Sales Tax Rate 10.00 10.00 percent Dec 2021

Malaysia Corporate Tax Rate
In Malaysia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 30.00 24.00 1997 - 2021 percent Yearly