Malaysia legislation
Section 5
of LABUAN BUSINESS ACTIVITY TAX (AMENDMENT) (NO. 2) ACT 2024
Section 5
“Filing of return of profits of Labuan entity charged to tax
(2)
The prescribed form referred to in subsection (1) shall be furnished to the Director General on an electronic medium or by way of electronic transmission in accordance with section 21c.
(3)
For the purposes of this section, a return of profits for a year of assessment shall—
(a)
specify the chargeable profit for that year of assessment;
and
(b)
contain such particulars as may be required by the
Director General.”.
Amendment of section 6