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 September of 2021.

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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Malaysia Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 30.00 24.00 1997 - 2021 percent Yearly

Malaysia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 30.00 24.00 percent [+]
Personal Income Tax Rate 30.00 30.00 30.00 25.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 6.00 percent [+]
Social Security Rate 21.00 23.00 25.29 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 13.78 12.00 percent [+]
Social Security Rate For Employees 9.00 11.00 11.50 8.00 percent [+]


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.