got... at a new section

bro prophetjul paid fsi tax early this year iirc... discussed in the sgx tered...

Thanks for the quotation and sos.

Looks like the diff is the BE vs B form, and lack of confirmation of whether the income is received in malaysia.

2036 and keeping 14 years of records. Good luck to LHDN.
Those with normal BE form filling can just ignore till closer to 2036... And let those with biz income spearhead the discovery with LHDN officers. Hah.

This post has been edited by Wedchar2912: Nov 21 2025, 05:03 PM

Confusing, right, guys ??

Look again at all the things I've been saying earlier,...

That's why - DO NOT REMIT back starting from 2021 ! Or remit back ONLY if necessary !

So, gentlemen,... since, by their single-tier taxation system, IRAS does not tax further on stock and REIT dividends, do these dividends fall under the bolded part of section 5.2.2.1 above ?

If the answer is a YES - then we can remit back as much as we wanted to and show the source of these funds, being dividends.

BUT,.... if the answer is a NO - then do not remit back anymore and then no need to declare any remittances.

Bro prophetjul,... I think you have a good knowledge abt this. Can you kindly educate us ?

not confusing imho...

reit dividend is taxable...

for sure BE form has a section for FSI...

and tax is up to you to declare... if audited is up to you to provide proof... lhdn will err on their conservative side and penalize you the max unless you can prove otherwise...

Confusing when there are many amendments,... and ,any comments. Perhaps you have a pt there - just read the statement in bare form and be done with it !

I thot you might say that with the REIT dividends. But if we bring DBS and OCBC statements to show LHDN, claiming they're dividends from SG stocks that we are remitting back, hence, non-taxable,.... do you think they will understand ? Or they will try to distinguish between a REIT dividend and a stock dividend for us ?

I never see it when I fill taxes this year. Maybe ikan bilis level. Do you happen to have link for it?

Ask for source of income, show bank statement or brokerage statement. Then they calculate for you lo.

This post has been edited by Ramjade: Nov 21 2025, 07:49 PM

so you remitted the income back to Malaysia?

I found this in the LHDN document.
Example 11
Foreign income received in Malaysia is not taxable due to the taxation’s system in the country of origin.

Amansyah, a Malaysian resident, worked as a petroleum welder with a company based in Brunei starting from 2020. He receives employment income from Brunei. Based on Brunei's taxation system, employment income received is not subjected to tax. In 2022, Amansyah plans to bring back his income to Malaysia. Income received from employment in Brunei is not subject to tax in Brunei. Therefore, the employment income brought into Malaysia by Amansyah is exempted from tax in Malaysia as the conditions under P.U. (A) 234/2022 and this Guideline has been fulfilled.

Since dividend is considered income based on the definition in our income tax agreement, I supposed if REIT dividend is tax exampted in the country that you (as a foreigner) invested, it should continue to be tax exampted when you remit it back to Malaysia?

yup... but mine is post tax... so no further declaration or fsi tax...

and my bank has the info, they dont ask anymore where my money comes from...

REIT div is different from stock div... usually one has to pay tax on it and there is a tax note to investors on it

edit: yes if not taxable in country of origin


This post has been edited by dwRK: Nov 23 2025, 01:07 PM

lazy to look it up... just wait for next year lah...

As per the eg by Fantasia earlier, since the REIT div is NOT taxable in the country of origin, then SG REIT divs rec’d in Msia are non-taxable too (going strictly by the eg). Where is the tax note, bro ?

If we believed our dividend is post-tax, then we do not need to declare this anymore, and say we have zero income from overseas ?
Thank you, bro…

yes i think sg reits are exempted

malaysia reits on the other hand need to pay some div tax

the reit company website should have tax notes to investors

Bro… wanted to express my gratitude first for all ur inputs here.
SG REITs are exempted in the hands of individuals & joint-acct investors. But certain portions of the dividend payout is taxable in the hands of partnerships and companies.

I know in Msia, REITs are taxed at 10% across the board.

Hence…. Per the eg earlier… logically, all SG REIT dividends remitted back shld be tax-exempted and shld not follow Msian REIT system. Hence, there is no need to declare this amt being remitted back and we can put in zero in the ‘amt remitted back’ section of the B\BE Form.

I stand corrected in the above paragraph. I sincerely invite helpful rebuttals if there are conflicting opinions from other forummers or from LHDN-related readers here.

Many SG equity investors based in Msia will read this information. Let us be clear in this forum.

I assume no prejuduce in writing the above !


Edited by adding this : The REIT tax notes section in the company website and in SG filings do not mention anything abt REIT dividends remitted out from SG.

This post has been edited by Hansel: Nov 23 2025, 12:28 PM

google ai says we need to declare even if it is not taxable... source from lhdn...

as for sreit tax notes... remittance is not their problem

You did not declare, right ? (smile)
You said the co website shld have tax notes to investors when we are talking abt remittance now…. (smiling again)

The long term trajectory of Ringgit, SGD and USD is pretty obvious now

I'm still not entirely sure, even with the recent trends. For now, I prefer keeping a good portion of my funds overseas simply because the ocean is much bigger than our local "pond". Not looking down on Malaysia.... but it is just that the range of opportunities is objectively wider overseas.
(even some hot pot chain also ipo'ed in US rite?)

That said, luckily my monthly spending budget is largely covered by divs from what I still keep in Malaysia, so I have the flexibility to let the overseas side compound over time.