The Malaysian government has gazetted the Stamp Duty (Exemption) (No.8) 2018 (Amendment) Order 2022 to extend the stamp duty exemption on instrument of transfer of real property granted under the Stamp Duty (Exemption) (No.8) Order 2019 for another 2 years. Subparagraph 2(1) of P.U.(A) 397/2018 exempts ad valorem stamp duty for the transfer of real property used in a qualifying tourism project carried on in the Sabah Development Corridor, provided the instrument is executed between 20 November 2012 and 31 December 2020 (both dates inclusive). The exemption is now extended to instrument executed between 1 January 2021 and 31 December 2022.
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