A new gazette order, known as P.U. (A) 270, was published on 27 July 2026 under the Income Tax Act 1967. It makes one change to an existing tax rule for unit trusts.

The rule being changed is the Income Tax (Unit Trust in relation to Income Received in Malaysia from Outside Malaysia) (Exemption) 2024 Order. This earlier order gave unit trusts a tax exemption on certain income they receive in Malaysia that originally came from outside the country. This type of income is often called foreign-sourced income.

Under the original 2024 order, this exemption was due to end on 31 December 2026. The new amendment order changes that end date. The exemption will now continue until 31 December 2030, giving unit trusts four more years of relief on this type of income.

The amendment was made on 10 July 2026 by the Finance Minister II and comes into operation on 1 January 2027. Apart from this date change, no other part of the original exemption order is affected.

For unit trusts and their managers, this means the existing tax treatment on qualifying foreign-sourced income can continue as before, without interruption, for a further four years. No new conditions or restrictions have been introduced through this amendment.

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