Malaysia legislation
Section 34
Section 34
Amendment of section 22a
The Labuan Business Activity Tax Act 1990 is amended in section 22a—
(a)
in paragraph (1)(a), by inserting after the words “double taxation arrangements” the words “or tax information exchange arrangements”; and
(b)
by substituting for subsection (2) the following subsection:
“(2) For the purpose of subsection (1)—
“double taxation arrangement” means an arrangement between the Government of Malaysia and the Government of any territory outside Malaysia under section 132
of the Income Tax Act 1967;
“tax information exchange arrangements” means an arrangement between the Government of Malaysia and the Government of any territory outside Malaysia under section 132a of the Income Tax Act 1967.”.