Taxes on income, profits and capital gains as a share of revenue reached 45.2% in 2020 in Malaysia, according to the National Statistical Office. This is 2.95% less than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Malaysia reached an all time high of 52.9% in 2014 and an all time low of 38.4% in 1996.
Malaysia has been ranked 8th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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