Malaysia - Taxes On Income, Profits And Capital Gains (% Of Total Taxes)

Taxes on income, profits and capital gains (% of total taxes) in Malaysia was reported at 65.93 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Taxes on income, profits and capital gains (% of total taxes) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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malaysia taxes on income profits and capital gains percent of total taxes wb data


Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.


Malaysia | World Bank Development Indicators