Nov 6 2019, 07:47 AM
QUOTE(yklooi @ Nov 6 2019, 07:34 AM)
assuming you are right and we need to declare in tax form assuming to be BE form...then this dividend received amount would be declared in B3
"B3 Statutory income from interest, discounts, royalties, premiums, pensions, annuities, other periodical payments and other gains or profits" ?
if YES, then this amount would increase the total aggregate income as in B4 AGGREGATE INCOME
in which section or clause do we "exempt" / take out this dividend amount from the tax form?
BE form
http://lampiran1.hasil.gov.my/pdf/pdfboran...rm_BE2018_2.pdf
Dividend income
Malaysia is under the single-tier tax system. Dividends are exempt in the hands of shareholders. Companies are not required to deduct tax from dividends paid to shareholders, and no tax credits will be available for offset against the recipient’s tax liability. Corporate shareholders receiving exempt single-tier dividends can, in turn, distribute such dividends to their own shareholders, who are also exempt on such receipts.
http://taxsummaries.pwc.com/ID/Malaysia-Co...e-determination
Quote
0.0134sec
0.75
6 queries
GZIP Disabled