Malaysia legislation

Section 2

of LABUAN BUSINESS ACTIVITY TAX (AMENDMENT) ACT 2024

Section 2

The Labuan Business Activity Tax Act 1990 [Act 445]

is amended in section 22da by substituting for subsection (6)

the following subsection:

“(6)  Subject to the conditions as may be determined by the Director General, where for any year of assessment a person—

(a)

acquires any goods sold or enjoys any services performed; or

LABUAN BUSINESS ACTIVITY TAX

(AMENDMENT) ACT 2024

4

(b)

provides electronic commerce platform in respect of any goods sold or services performed by any other person, that person shall for that year of assessment issue a self-billed invoice in accordance with the conditions as may be imposed by the Director General and the invoice shall be treated as an electronic invoice.”.

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WJW24/04XX 20-05-2024