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MALAYSIA: Overseas Worker Tax to Rise as All Non-Malaysian Employees Become State-Managed

The tax payable by overseas workers will rise by at least 20% next year following the introduction of a multi-tiered levy system. Under the structure of this new policy, the more overseas workers a company employs, the higher the level of tax for every such worker.

The move coincides with government plans to take over direct responsibility for the recruitment and management of non-Malaysian workers. This will see some 100 companies in the country that currently undertake this role forced into liquidation.

Content provided by Picture: HKTDC Research
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