Category: Taxation

MALAYSIA INTERGOVERNMENTAL FISCAL TRANSFERS (Federal Constitutional Monarchy)

FORM OF GOVERNMENT Malaysia’s form of government is FEDERAL CONSTITUTIONAL MONARCHY. It is nominally headed by paramount ruler (commonly referred to as the king) and a bicameral Parliament consisting of a nonelected upper house and an elected lower house. All Peninsular Malaysian states have hereditary … Continue reading MALAYSIA INTERGOVERNMENTAL FISCAL TRANSFERS (Federal Constitutional Monarchy)