The Tuesday Club - Updates on Capital Gains Tax

Understanding the Latest Updates on Capital Gains Tax (CGT)

Malaysian-German Chamber of Commerce and Industry (MGCC) is pleased to present a timely briefing designed to help German and multinational companies navigate Malaysia’s expanded Capital Gains Tax (CGT) regime under Budget 2026.

As Malaysia rolls out the first phase of its 2026 tax reforms, CGT rules have become broader, more complex, and significantly more stringent. From 1 January 2026, CGT may apply even without a sale, creating new implications for restructurings, share transactions, and group reorganisations.

This session provides essential clarity for business leaders and tax decision‑makers managing compliance, tax exposure, and long‑term value.

Date: Tuesday, 21 April 2026
Time: 10.00 am – 11.30 am
Venue: MGCC Boardroom, Level 20, Menara Hap Seng 2, Kuala Lumpur

📌 Why this session matters:

Recent updates under the Finance Bill 2025 mean CGT may now be triggered by events such as:

• Share conversions and redemptions
• Corporate restructurings and internal reorganisations
• Winding up of companies
• Other transactions that end share ownership

For German companies operating in Malaysia — particularly those with complex group structures or ongoing restructuring plans — these changes introduce higher compliance requirements and stronger expectations around tax governance.

With CGT now affecting M&A activity, capital movements, and cross‑border structures, early understanding is critical.

📌 What you will takeaway from this session:

• A clear overview of Malaysia’s Capital Gains Tax (CGT) landscape
• In‑depth explanation of CGT updates introduced under Budget 2026
• Practical interpretation of CGT rules impacting:
  • Disposals
  • Reorganisations
  • Share and group level transactions

📌 Key learning outcomes:

Participants will gain:

• Clear understanding of CGT scope, including:
  • Applicable rates
  • Computation methods
  • Allowable incidental costs
• Insight into the expanded definition of “disposal” and what now triggers CGT
• Awareness of critical effective dates, especially those applying from 1 January 2026
• Breakdown of recent CGT legislative changes and their implications for:
  • Tax planning
  • Group restructurings
  • Cross‑border transactions

📌 Who should attend:

• Business leaders and senior managers involved in corporate transactions
• CFOs, finance directors and tax managers responsible for CGT compliance
• In‑house legal, tax and corporate secretarial teams
• M&A, investment and restructuring professionals
• German and multinational companies operating in Malaysia with complex group or cross‑border structures

Join us to ensure your business is fully prepared for Malaysia’s expanded Capital Gains Tax (CGT) rules under Budget 2026.

Speaker Profile

Michael Cheah is a Director at Crowe Malaysia, with over 12 years of experience in tax advisory and compliance, specialising in corporate and individual taxation, international tax, restructuring, tax incentives, Real Property Gains Tax (RPGT) and stamp duty. He advises both domestic and multinational clients across a wide range of industries, including manufacturing, property development, oil & gas, the digital economy and healthcare.

Michael has been actively involved in mergers and acquisitions, IPOs, cross‑border tax structuring and group reorganisations, helping businesses navigate complex Malaysian tax regulations while managing risk and compliance. He is a member of CPA Australia and MIA, a Fellow of CTIM, a licensed tax agent under Section 153 of the Income Tax Act 1967, and an HRD Corp Accredited Trainer, bringing both technical depth and practical insight to CGT planning under Malaysia’s evolving tax landscape.