Malaysia: IRB guidelines on the tax treatment of digital currencies and tokens
Progress
Current status
adopted
17 Jun 2024 adopted
Scope
Implementers
Malaysia
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted IRB guidelines on the tax treatment of digital currencies and tokens
On 17 June 2024, the Inland Revenue Board of Malaysia (IRB) adopted guidelines on the tax treatment of digital currencies and tokens. The guidelines provide detailed instructions on how digital currency transactions, such as trading, mining, and exc…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body