Monday, July 3, 2017

Malaysia Personal Income Tax Rate

The Personal Income Tax Rate in Malaysia stands at 28 percent. Personal Income Tax Rate in Malaysia averaged 26.92 percent from 2004 until 2016, reaching an all time high of 28 percent in 2005 and a record low of 25 percent in 2015. Personal Income Tax Rate in Malaysia is reported by the Inland Revenue Board of Malaysia. In Malaysia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Malaysia. This page provides - Malaysia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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