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Withholding Tax (WHT) – OBB Consultancy Sdn. Bhd. OBB Consultancy Sdn Bhd - Always On The Lookout For A Better Way

Withholding Tax (WHT)

Withholding-Tax

Tax Management, Consultancy and Advisory

Withholding Tax (WHT)

  • For cross-border transaction(s), WHT is a crucial topic to understand.
  • Most of the payment to non-resident (i.e., foreign company) for its services will expose to WHT.
  • For payment which subject to WHT, taxpayer is liable to withhold tax at certain percentage and remit tax withheld to IRB within specific time period.
  • Non-compliance will subject with penalties and disallowance for tax deduction.

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