Foreign withholding tax (WHT) that you suffered in overseas, you should be able to claim as Foreign Tax Credit (FTC) if Malaysia and the respective overseas country have a tax treaty. Generally, FTC is a claim that you can use to set off against your Malaysia's tax payable - to avoid double taxation on the same income. FTC always come with conditions before it can apply.

So go back to the principle of tax treaty, no double taxation on the same dividend income occurred in your case. The domestic law in Malaysia exempt foreign-sourced dividend income remitted into Malaysia from tax, whilst you suffered foreign WHT in overseas (based on domestic tax law in that overseas country).

Therefore, unlikely you are entitled for a FTC given that no double taxation on the same income occurred.

Hope this helps.

Hi Bro, no worries. trying my best to help.

To reiterate, the dividend tax you suffered in overseas is highly unlikely can be claimed as FTC in Malaysia because in the first place, your foreign-sourced dividends remitted into Malaysia were tax-exempt (i.e. not taxable). So in layman, there is no taxable income for you to utilise the FTC.

For the records, the time limit for FTC is 2 years, if i remember correctly.

Hope this helps.