Commencement of amendments to the Income Tax Act 1967
(1) Section 4 has effect for the year of assessment 2027 and subsequent years of assessment. (2) Paragraphs 5(a) and (c) and subparagraph 5(b)(ii) come into operation on 1 January 2027. (3) Subparagraph 5(b)(i) has effect for the year of assessment 2026 and subsequent years of assessment. (4) Paragraph 5(d) comes into operation on 1 January 2026.
Amendment of section 82b
The Income Tax Act 1967, which is referred to as the “principal Act” in this Part, is amended in section 82b— (a) in the shoulder note, by substituting for the words “chargeable income and tax payable” the words “chargeable income, tax payable, etc.”; (b) by inserting after subsection (1) the following subsection: “(1a) Where a person referred to in paragraphs 86(1)(a) and (b) has furnished to the Director General a return in accordance with section 86, that person shall provide information and furnish documents as may be determined by the Director General for the purpose of ascertaining the divisible income or the divisible loss from the business of a partnership on an electronic medium or by way of electronic transmission within thirty days after the due date for furnishing of the return.”; and (c) in subsection (2), by substituting for the words “subsection (1)” the words “subsections (1) and (1a)”.
Amendment of section 152a
Section 152a of the principal Act is amended— (a) in subsection (3), by substituting for the words “in writing” the words “in a prescribed form”; (b) in subsection (3a)— (i) by inserting after the words “subsection 75(1)” the words “or 86(1)”; and (ii) by substituting for the words “in writing” the words “in a prescribed form”; (c) by inserting after subsection (3a) the following subsection: “(3b) The authorization referred to in subsections (3) and (3a) shall be furnished to the Director General on an electronic medium or by way of electronic transmission in accordance with this section.”; and (d) in subsection (4), by inserting after the words “subsection (3)” the words “or (3a)”.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).