With effect from 15 February 2011, taxpayers who carry on a business are required to use the new business code (MSIC 2008) when completing their income tax return forms (ITRFs). The MSIC 2008 is applicable to all ITRFs (including ITRFs for backlog cases and amendments of / revisions to ITRFs for prior years of assessment) as well as e-filing.
The IRB has indicated that for investment holding company, the new business code is 64200. No mapping list is available.
Members may view the MSIC 2008 at the IRB’s website at http://www.hasil.gov.my/pdf/pdfam/NewBusinessCodes_MSIC2008_2.pdf or at CTIM’s website at http://www.ctim.org.my/cms/file/news/14/00645_NewBusinessCodes_MSIC2008_2.pdf
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