Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 All about ETFs / Foreign Brokers, Exchange traded funds

views
     
RigerZ
post May 1 2022, 09:58 PM

On the way on the way
******
Senior Member
1,013 posts

Joined: Nov 2008
From: Subang Jaya


Referring to the gomen's plan to impose tax on all foreign income (which would include ETF capital gains), although the tax is now exempted until 2026, will we see less people wanting to invest in such overseas vehicles as a result?

Sos: https://www.aseanbriefing.com/news/malaysia...sourced-income/
RigerZ
post May 2 2022, 11:12 AM

On the way on the way
******
Senior Member
1,013 posts

Joined: Nov 2008
From: Subang Jaya


QUOTE(MUM @ May 1 2022, 10:04 PM)
Sure capital gains will kena tax after 2026??
I thought only "income"... Will kena?
*
Hmm.

When it says "all types of income" I interpreted it to mean any source of earnings, capital gains included.
RigerZ
post May 2 2022, 12:29 PM

On the way on the way
******
Senior Member
1,013 posts

Joined: Nov 2008
From: Subang Jaya


QUOTE(MUM @ May 2 2022, 11:43 AM)
Google and found this,....
"If the income stays overseas, it will not be taxed. What should be highlighted here also is that this will only apply to income. Gains that are not taxable in Malaysia will not be subject to tax," he says.

https://home.kpmg/my/en/home/media/press-re...o-malaysia.html

What are not taxable?

"The provisions will only affect gains that are “income” in nature. On this note, foreign source gains that are “capital” in nature will not be subject to tax. Foreign source capital gains should include proceeds from the disposal of foreign stocks, foreign properties, foreign assets, foreign currencies, foreign investment papers, etc, if these assets had been held as long-term investments. "

https://www.crowe.com/my/insights/taxabilit...-sourced-income
*
Ah. Many thanks for this.

Since I'm in the ETF thread, how do foreign ETF dividends work? Do they automatically reinvest? Or they get deposited to your trading account?

Or does it depend on the individual ETF....

This post has been edited by RigerZ: May 2 2022, 12:29 PM
RigerZ
post Feb 6 2023, 09:54 PM

On the way on the way
******
Senior Member
1,013 posts

Joined: Nov 2008
From: Subang Jaya


Anyone here holding semiconductor ETFs?

 

Change to:
| Lo-Fi Version
0.0951sec    0.23    7 queries    GZIP Disabled
Time is now: 3rd December 2025 - 10:34 AM