Malaysia: Compliance

Previously, stamp duty compliance was a reactive exercise. It involved presenting a document for assessment and paying the duty determined by the authorities. Under the self-assessment regime, businesses must now be proactive, identify dutiable instruments, ascertain the applicable duty, and make payment without being prompted.

The Grant, which was originally made applicable to sukuk issued under the SC's SRI Sukuk Framework and bonds issued under the ASEAN Green, Social and Sustainability Bond Standards...