Malaysia
A. Progress in the implementation of the minimum standard
Malaysia has 74 tax agreements in force as reported in its response to the Peer Review questionnaire. Thirty-four of those comply with the minimum standard.
Malaysia signed the MLI in 2018 and deposited its instrument of ratification on 18 February 2021, listing its non-compliant agreements in force at the time. On 10 November 2022, Malaysia made an additional notification to expand its list of agreements to be covered under the MLI. The MLI entered into force for Malaysia on 1 June 2021. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
Malaysia is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
B. Conclusion
Malaysia gave effect to its plan to implement the minimum standard in its agreement with Ukraine by making a notification on 10 November 2022 to expand its list of agreements to be covered under the MLI to include that agreement.
Note
← 1. For its agreements listed under the MLI, Malaysia is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).