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 Capital gain? Trading profit? Taxable?

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SUSyklooi
post Nov 6 2019, 07:34 AM

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QUOTE(Yggdrasil @ Nov 6 2019, 02:27 AM)
.........
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.
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hmm.gif 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

SUSyklooi
post Nov 6 2019, 07:56 AM

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QUOTE(wayton @ Nov 6 2019, 07:51 AM)
Single tier dividend is tax exempted, and in BE form there is no place to declare tax exempted income, only taxable income in the form.
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thanks for the info,
then should be no need to declare the amount of dividend we gets in the tax form, just like the interest we get from the bank FD too?

if YES then the "Yggdrasil" post about must declare in the tax form is not correct liao?

This post has been edited by yklooi: Nov 6 2019, 07:57 AM

 

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