Further extension of time for filing tax returns in Labuan

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A further extension of time for the submission of tax returns has been granted by the IRB’s Labuan branch on 26 July 2023. The submission deadline of the tax returns for YA 2023 has been extended from 31 July 2023 to 30 October 2023.
   
The IRB reiterated that they are in the process of digitalizing the LBATA tax filing, with full digitalization being expected by 2025. To facilitate the process, Labuan entities are required to submit a scanned copy of the relevant documents such as the Form LEs and audited accounts, together with the hard copies, to the IRB’s Labuan International Section from YA 2023 onwards.
 



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