Malaysia: Tourism tax regulations address digital platforms
Malaysia: Tourism tax regulations, digital platforms
The Tourism Tax (Digital Platform Service Provider) Regulations 2021 were published on 31 March 2021 in the official gazette.
The regulations include:
- The effective date is 1 April 2021.
- The registration and tax forms must be made online, but the online registration and return forms are not yet released. Once registered, a registration number will be assigned to the digital platform service provider.
- There are rules on issuance of credit notes and debit notes.
- Any application for refund under the tourism tax must be made within one year from the date when the remission is granted.
Although the government announced the extension of the tourism tax exemption for hotel operators until 31 December 2021, there appears to be no similar announcement for the extension to the registration period for digital platform service providers. Read TaxNewsFlash
Read an April 2021 report prepared by the KPMG member firm in Malaysia
© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.