Published: Tuesday April 12, 2011 MYT 10:08:00 AM
Updated: Tuesday April 12, 2011 MYT 10:45:55 AM
Attracting Malaysians home
KUALA LUMPUR: A new transitional income tax will be introduced, under which returning Malaysian professionals will be eligible for a flat rate of 15% income tax for five years, according to Prime Minister Datuk Seri Najib Tun Razak.
He said this was to encourage more Malaysian working abroad, with their varied experience and expertise, to return and play an active part in Malaysia's economic transformation.
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