Tax Residence of Limited Liability Partnership

The 2013 Budget introduced various amendments to treat the above as a chargeable person similar to that of a company under the Act.

A limited liability partnership carrying on a business is resident in Malaysia for the basis year for a year of assessment if at any time during that basis year the management and control of its business or of any one of its business are exercised in Malaysia.

Any other limited liability partnership is resident in Malaysia for the basis year for a year of assessment if at any time during thath basis year the management and control of it affairs are exercised in Malaysia by its partners.