Malaysia’s Taxation System: Contemporary Practices, Issues and Future Direction offers a clear and concise analysis of Malaysia’s taxation system in terms of its origin and its adaptation to changing economic and social conditions. With unique insights from experienced legal, accounting, and tax practitioners and eminent academics, this book highlights the need for a holistic review of the taxation system going forward as the country strives for high-income status in the near future. Malaysia’s Taxation System: Contemporary Practices, Issues and Future Direction is a comprehensive analysis of current taxation practices, issues and changes in Malaysia. It comprises 10 chapters contributed by eminent academics and leading legal, accounting, and tax administration professionals whose collective expertise offers unique insights into the evolution of Malaysia’s taxation system and highlights the need for a holistic review of the system. Commissioned by the Malaysian Tax Research Foundation, this book fulfils the government’s call for greater industry–academia collaboration and serves as a timely reminder about the importance of taxation in moving our country forward. This book about tax reformation comes at a pivotal time as we venture into new Malaysia. This book is a relevant and useful resource for scholars and policymakers alike as they seek to understand Malaysia’s taxation system.