QUOTE(ShiftVQV6 @ Aug 15 2012, 12:58 PM)
bad for tax payer who tax rate is less than 25%

QUOTE(prophetjul @ Aug 15 2012, 12:59 PM)
Thanks mate, thats very clear....looks like tAX man coming soon to yer REITS- malaysian that is.......
i am safe so far in SREITs......Mr Msian TAXman will never let go............thats how we pay for the rest of the 90%
non tax payors..

Partially of the income tax at 10%, not good kah?

and no need to pay tax at 25% and no stamp duty. I think the benefit given is attractive enough

QUOTE(SKY 1809 @ Aug 15 2012, 12:59 PM)
Reit Co is " qualified " for tax exempt profits for conditions met , so under single tier distribution should be freed from tax .
That is why still got withholding tax at 10% , right.
Yah, Government is smart in tax matter

QUOTE(prophetjul @ Aug 15 2012, 01:00 PM)
Why "withholding"? From what?

When something they can't tax, they classify as withholding tax

withholding tax normally applicable on services and commission paid to foreign companies, u can try read the public ruling for more information