Effective January 1, 2026, Malaysia Introduces Self-Assessment System (STS) for Stamp Duty Reform

Malaysia will implement the Self-Assessment System (STS) for stamp duty effective January 1, 2026. This reform allows taxpayers to independently assess their duty rates and amounts, aiming to save time, expedite processes, and enhance trust in the tax system. The move accompanies the full rollout of e-Invoicing as part of a broader push to digitalize Malaysia’s tax infrastructure. Furthermore, the Inland Revenue Board (IRB) has launched "Tekad Hasil," a strategic five-year plan (2026–2030) designed to further improve operational efficiency and simplify taxpayer services.

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