Taxation (Amendment) Act, 2025

Abstract

The Taxation (Amendment) Act, 2025, introduces several modifications to Malawi's taxation laws. It replaces the marginal note of section 127A to focus on "Transfer pricing and other arrangements between related parties" and amends the Eleventh Schedule by removing the five percent additional tax for companies not incorporated in Malawi. Additionally, it amends the Fourteenth Schedule by updating the taxation rate on winnings from betting, gambling, and lotteries to 10%. These changes aim to refine tax regulations and clarify the scope of transfer pricing and gambling income taxation in Malawi.