New stamp duty policy requires self-assessment, companies should be prepared for audit risks
Nanyang Siang Pau, 27 March 2025
In this interview, Soh Lian Seng, Head of Tax at KPMG in Malaysia, provided his input on on the new stamp duty audit framework, detailing the two-tier audit process, stricter enforcement measures, and the extended audit scope that may cover certain companies. He emphasizes the importance of conducting internal audits and seeking professional tax guidance to ensure businesses stay compliant and mitigate risks.
Read the full story in the attachment below, and the online version here.
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