Malaysia- 1st- Tax

By Daniel Morris | 13. January 2026

THEMATIC PRIORITY 1: GOVERNANCE

UNGP PILLAR 1

PROCUREMENT, INVESTMENT AND TAX

No.: G1.23

Action: Assess the implementation of the 15% global minimum tax (GMT) as recommended under Pillar 2 of the OECD Two-Pillar Solution.

Output Indicator(s):

  • Evidence, insights and recommendations are developed on the state of corporate compliance with the 15% GMT regulation.

Collaborative Partner(s): MOF; Inland Revenue Board of Malaysia (IRBM)

No.: G1.24

Action: Assess the implementation of the Tax Corporate Governance Framework (TCGF).

Output Indicator(s):

  • Evidence, insights and MOF; IRBM recommendations are developed on implementation gaps related to the TCGF and the promotion of good tax governance practices

Collaborative Partner(s): MOF; IRBM

THEMATIC PRIORITY 3: ENVIRONMENT

UNGP PILLLAR 1

ENVIRONMENTAL RIGHTS GOVERNANCE AND ACCOUNTABILITY

No.: E1.6

Action: Introduce and apply the polluter pays principle (PPP) P)8 as as an effective deterrent for business misconduct.

Output Indicator(s):

  • Regulatory instruments and enforcement measures are implemented that clearly apply the PPP, including imposing substantial fines, environmental taxes, or remediation orders on polluting businesses.

Collaborative Partner(s): NRES; MOF; KPDN (SSM); KPKT