Sorry newbie here. Do we have to declare our income gained from transactions in FSM for tax purposes?
Thanks.
Fundsupermart.com v15, 基金超市第十五章 - Rise the Dragon
Fundsupermart.com v15, 基金超市第十五章 - Rise the Dragon
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Oct 18 2016, 04:56 PM
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664 posts Joined: Dec 2006 |
Sorry newbie here. Do we have to declare our income gained from transactions in FSM for tax purposes?
Thanks. |
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Oct 19 2016, 01:39 PM
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#2
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QUOTE(Pink Spider @ Oct 18 2016, 04:58 PM) Thanks for all the answers. I shall start investing in FSM then. One more thing, can I invest in Public Mutual via FSM when I already have my PMO? If yes, what are the difference between them? |
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Oct 19 2016, 01:43 PM
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QUOTE(drew86 @ Oct 18 2016, 07:14 PM) frankzane was asking about declaring taxable income from dividend..just for info XD Thanks for the additional info drew86Of course if you don't want to declare also no big deal. LHDN won't come chasing after u to give u free money! Someone will prolly spend it on diamonds/ submarines and what not |
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Oct 19 2016, 01:50 PM
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Oct 19 2016, 01:51 PM
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QUOTE(dasecret @ Oct 19 2016, 01:46 PM) Nope, Public Mutual funds are only distributed by their exclusive agents. Not distributed by IUTA and CUTA as far as I know Getting more interested with FSM. Difference of PMO and FSM? Sales charge - 5.25% vs 2% or lower Choice of funds - limited to PM funds vs a wide range of funds across different asset management companies and switching enabled between different asset management companies as well (some subject to charges) User friendliness of the website - I don't know about you, I find fundsupermart much better with wide range of articles and research reports, charting tools and simulators Fund returns - This one very hard to compare la, have to compare those from the same range etc. But when I sort morningstar results by 5 years annualised returns, PM funds hardly even show up on the first page or top 20... Is that enough reasons for you to consider FSM? |
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