Finance (No. 2) Act 2023 · Updated to 29 Dec 2023 · Chapter II · Amendments to the Income Tax Act 1967
4. Amendment of section 2
Feedback & supportThe Income Tax Act 1967, which is referred to as the
“principal Act” in this Chapter, is amended in subsection 2(1)—
by inserting after the definition of “business trust” the following definition:
‘ “capital asset” means movable or immovable property including any rights or interests thereof;’;
by inserting after the definition of “Director General” the following definition:
‘ “electronic invoice” means an invoice or any document approved by the Director General, issued by a person in respect of goods sold or services performed as provided under section 82c;’;
in the definition of “foreign tax”, by inserting after the word “Malaysia” the words “in which the same income arose”; and
by inserting after the definition of “statutory order” the following definition:
‘ “stock exchange” has the meaning assigned to it in the Capital Markets and Services Act 2007;’.