Taxes · ✓ 2 outlets
Rate of 30% to start at RM1 million of chargeable income, from RM2 million
The 30% rate will apply to chargeable income above RM1 million from 2027, instead of RM2 million (Bernama, Malaysiakini).
Raises more from high earners.
Affects very few taxpayers.
Watch for protests from wealthy groups.
DailyDrop Malaysia edition No. 6 · Morning · SAT., OCT. 10, 2026