Question: what is income tax malaysia?
Answer: A graduated scale of rates of tax is applied to chargeable income of resident individual taxpayers, starting from 0% (on the first RM5,000) to a maximum of 30% on chargeable income exceeding RM2,000,000 with effect from YA 2020. Non-resident individuals pay tax at a flat rate of 30% with effect from YA 2020.