Malaysia legislation
Section 3B
Section 3B
For the purposes of the double taxation arrangements effected under section 132 of the Income Tax Act 1967—
(a)
a Labuan entity carrying on a business or businesses is resident in Malaysia for the basis period for a year of assessment if at any time during that basis period the management and control of its business or of any one of its businesses, as the case may be, are exercised in Malaysia; and
(b)
any other Labuan entity is resident in Malaysia for the basis period for a year of assessment if at any time during that basis period the management and control of its affairs are exercised in Malaysia by its directors, partners, trustees or other controlling authority.
Tax based on Return
Labuan trading activity