ABT · 10-Q · 2026Q3 · Full report

Malaysian Tax Assessment Appeal

ABBOTT LABORATORIES · 2026-11-04 · Importance 20 · Surprise 24 · Contradicted

In July 2024, Abbott received a tax assessment from Malaysian tax authorities for the 2023 tax year, applying a property capital gains tax to the value of shares associated with an intercompany affiliate sale. The assessment amount is not stated in the provided text. The Penang High Court upheld the assessment in October 2025, and Abbott appealed to the Malaysian Court of Appeals that month; Abbott maintains that the assessment is without merit.

Key facts

• Abbott received a $413 million Malaysian tax assessment in July 2024 for tax year 2023 related to property capital gains tax on shares associated with an intercompany affiliate sale. source
• The Penang High Court upheld Abbott’s $413 million Malaysian tax assessment in October 2025, and Abbott appealed to the Malaysian Court of Appeals that month. source
• In July 2024, Abbott received a Malaysian tax assessment for the 2023 tax year concerning property capital gains tax on shares associated with an intercompany sale of an affiliate; Abbott appealed after the Penang High Court upheld the assessment in October 2025. source
• Abbott filed an appeal with the Malaysian Court of Appeals in October 2025 after the Penang High Court upheld the Malaysian tax assessment. source

Impact estimates