Nov 6 2019, 02:27 AM
QUOTE(Havoc Knightmare @ Mar 2 2019, 05:19 PM)
On a side note, can we be 100% certain that dividends are still tax free under the current regime?
Not 100% but reasonably certain because otherwise nobody wants to invest in Malaysian stocks. Government have already tried to attract locals by restricting capital outflows i.e. make it difficult for Malaysians to invest in US/overseas stock.QUOTE(KennRicky @ Mar 2 2019, 10:35 PM)
It is not tax free, it is just that before the company giving you those dividend, it is already tax deducted.
So u need to do nothing, no need to declare in tax form.
This is incorrect. You still have to pay taxes on dividends. This means you actually have to declare in your tax forms. However, tax on dividends are currently exempt. Exempt is not the same as tax free.So u need to do nothing, no need to declare in tax form.
This post has been edited by Yggdrasil: Nov 6 2019, 02:29 AM
Quote
assuming you are right and we need to declare in tax form assuming to be BE form...
0.0156sec
0.71
6 queries
GZIP Disabled