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Ultimate Discussion of ASNB (47457-V), Wholly owned subsidary of PNB (38218-X)
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smartinvestor01
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Sep 15 2015, 10:48 AM
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QUOTE(alexanderclz @ Sep 15 2015, 10:42 AM) well, they are all inter-related Yape, based on what their reply previously stating that the fixed price funds involved national interest.. Just that, always plan for the worse just in case, the approval was not granted by LHDN.. So if its granted for the exemption, it would be a bonus.. Being exempted, LHDN have to forgo a lot of taxes that could not be collected once the exemption is approved.. Taking into the consideration that the nation might need higher reserve, i think it is better to be neutral (not to be too confident).. Just play safe..
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smartinvestor01
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Sep 15 2015, 11:14 AM
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QUOTE(Ancient-XinG- @ Sep 15 2015, 11:12 AM) Eh I tot they must announces the fp thing which is due 311215? Oh.. what i mentioned here is on the income tax exemption for ASM and ASW2020 as both of these are exempted till 2016.. Not related to the conversion of fixed price funds to variable price funds.. This post has been edited by smartinvestor01: Sep 15 2015, 11:14 AM
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smartinvestor01
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Sep 15 2015, 11:24 AM
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QUOTE(Ancient-XinG- @ Sep 15 2015, 11:18 AM) Hmm... Then when we will know the FP thing. If not mistaken it will not making any announcement if fp is still remain as fp... Actually i believed that there would be no announcement if it is maintained.. Anyway, i am more concern on the income tax exemption only..
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smartinvestor01
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Sep 15 2015, 01:16 PM
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QUOTE(wil-i-am @ Sep 15 2015, 12:59 PM) It shld b until YA 2016 Tis means ending 31 Dec 2016 which is still a long way to go Yes, the dividends received for that year would be tax exempted..
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smartinvestor01
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Sep 15 2015, 02:32 PM
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QUOTE(MGM @ Sep 15 2015, 02:27 PM) By 2016, all income earned from Bluechips/companies have all been taxed once when they pay dividend(single-tier). Yape, i heard about that before.. Thats where i also heard that dividends receivable by unit trust is not taxable already as the dividends received from the companies have already being taxed.. You expert in this? Need some enlightment from you..
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