Malaysia - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Malaysia was 123,214,000,000 as of 2019. As the graph below shows, over the past 23 years this indicator reached a maximum value of 123,214,000,000 in 2019 and a minimum value of 22,661,000,000 in 1996.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1996 22,661,000,000
1997 27,121,000,000
1998 28,369,000,000
1999 25,159,000,000
2000 27,015,900,000
2001 40,134,000,000
2002 42,167,000,000
2003 40,440,000,000
2004 44,844,000,000
2005 49,596,000,000
2006 57,346,790,000
2007 64,262,910,000
2008 76,898,250,000
2009 73,020,880,000
2010 72,783,850,000
2011 94,839,000,000
2012 108,199,000,000
2013 110,983,000,000
2014 116,618,000,000
2015 101,559,000,000
2016 99,612,700,000
2017 105,171,000,000
2018 119,161,000,000
2019 123,214,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Malaysia was 46.60 as of 2019. Its highest value over the past 23 years was 52.86 in 2014, while its lowest value was 38.37 in 1996.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1996 38.37
1997 41.06
1998 49.93
1999 42.58
2000 43.37
2001 50.22
2002 50.49
2003 43.67
2004 45.12
2005 46.66
2006 46.42
2007 45.94
2008 48.12
2009 46.03
2010 45.59
2011 51.15
2012 52.04
2013 52.01
2014 52.86
2015 46.36
2016 46.89
2017 47.72
2018 51.17
2019 46.60

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Malaysia was 68.24 as of 2019. Its highest value over the past 23 years was 71.35 in 2012, while its lowest value was 46.09 in 1996.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1996 46.09
1997 48.72
1998 59.87
1999 59.35
2000 55.46
2001 63.97
2002 63.07
2003 62.32
2004 62.24
2005 61.54
2006 66.20
2007 67.53
2008 68.11
2009 68.56
2010 66.46
2011 70.31
2012 71.35
2013 71.16
2014 71.02
2015 61.39
2016 58.82
2017 59.20
2018 68.46
2019 68.24

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance