Question

Malaysian 6% imported services tax

  • 23 October 2023
  • 1 reply
  • 22 views
R
Rank
Badge +2

Hi All,

I have a requirement of Setting up a tax code for Malaysian company with bellow conditions. Appreciate advice on this

On certain services supplied by foreign suppliers, a Malaysian company has to pay 6% imported services tax charge arises that is borne by the company itself and this tax amount is not charged by the supplier. Therefore does not include within the supplier liability.


This charge cannot be reclaimed or offset against other amounts, and is treated as an additional expense. 

Thanks in Advance,

1 reply

T
Rank
Userlevel 7
Badge +18

Hi, 

US has similar tax situations, a good or service is taxable but not on a supplier invoice / not paid to the supplier. 

In US we have “use tax” use tax is added to the invoice like any other tax but creates a tax liability.   Not paid to the supplier. 

Best regards, 

Thomas

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