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The agreement provides for credit to be given for tax spared' (see [/manual/international-manual/intm161270](/hmrc-internal-manuals/international-manual/intm161270) and [/manual/international-manual/intm161280](/hmrc-internal-manuals/international-manual/intm161280)) in Malaysia under the provisions of Malaysian law set out in Article 24(4). Credit relief in the UK in respect of tax sparedâ€� specified at Article 24(4) will not be given for a period of more than 10 years in respect of income or profits from a particular source. In any event, relief will not be given in respect of profits, income or chargeable gains which arise or accrue after 31 December 2005 - Article 24(5).

All amounts of `tax spared� for which credit relief is given should be reported as mentioned at /manual/international-manual/intm161290.