Malaysia legislation
Section 46
Section 46
Section 22a of the principal Act is amended—
(a)
in paragraph (1)(a)—
(i)
by substituting for the word “or” appearing after the words “double taxation arrangements” a comma; and
(ii)
by inserting after the words “tax information exchange arrangements” the words “or mutual administrative assistance arrangement”; and
(b)
in subsection (2), by inserting after the definition of “double taxation arrangement” the following definition:
‘ “mutual administrative assistance arrangement”
means an arrangement between the Government of
Malaysia with the Government of any territory outside
Malaysia with a view to the mutual administrative assistance in tax matters which includes simultaneous tax examinations, automatic exchange of information or tax administrations abroad under section 132b of the Income Tax Act 1967;’.
Finance 37