Inheritance Tax 2025. ‘ inheritance tax’ is defined as a type of tax imposed on an estate (property, money and possessions) inherited by beneficiaries after someone passed away. The national house buyers association (hba) has voiced strong opposition to the proposed reintroduction of an inheritance tax in malaysia’s 2025 budget.
Transport minister anthony loke dismissed claims that the government is planning to introduce inheritance tax in the upcoming 2025 budget, scheduled to be tabled on oct 18. An inheritance tax is believed to be among five new taxes proposed for the 2025 federal budget to be tabled this month.