Malaysia's headline corporate income tax (CIT) rate is 24.
The headline personal income tax (PIT) rate is 30 (residents and non-residents).
The standard VAT/GST (or equivalent consumption tax) rate is 10 (sales tax) / 8 (service tax). Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.
Under Section 7(1) of the Income Tax Act, an individual is Malaysian tax resident via any of four tests: physical presence 182 days or more in the basis year (days need not be consecutive); presence under 182 days but linked to a run of 182+ consecutive days in the immediately preceding or following year; presence of 90 days or more where resident/present 90+ days in at least three of the preceding four years; or, without physical presence at all, having been resident the preceding three years and expected to be resident the following year. Residents are taxed at progressive rates (0-30%); non-residents face a flat 30% rate with no reliefs or deductions available. Malaysia applies a broadly territorial system, though foreign-sourced income remitted to Malaysia by resident individuals has been the subject of a temporary exemption running through 2036 (verify current status, as the scope and expiry of this exemption have been revised more than once).
Malaysia has no Controlled Foreign Company regime.
Malaysia has no formal debt-to-equity thin capitalization rule (though enabling legislation exists for one to be introduced by regulation, it has not been activated). Instead, deductible interest expense on each business source is capped at 20% of that source's EBITDA; disallowed interest carries forward indefinitely, but the carryforward is forfeited if a company undergoes a substantial change in shareholders in the following year.
Malaysia has tax treaties with more than 70 countries. Notably, Malaysia has no comprehensive income tax treaty with the United States.