Malaysia
A. Progress in the implementation of the minimum standard
Malaysia has 72 tax agreements in force, as reported in its response to the Peer Review questionnaire.
Malaysia signed the MLI in 2018, listing its non-compliant bilateral agreements.
Malaysia indicated in its response to the Peer Review questionnaire that bilateral negotiations would be used with respect to its agreement with Austria, Germany, Norway and Switzerland.
Malaysia is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
The agreements that will be modified by the MLI will come into compliance with the minimum standard once the provisions of the MLI take effect.
B. Implementation issues
Malaysia’s listed agreements under the MLI will start to be compliant after Malaysia’s ratification of the MLI. Malaysia indicated that it expected to deposit its instrument of ratification of the MLI early in 2021.
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).