Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Genting Malaysia, Resorts World

views
     
mentality88
post May 28 2009, 10:58 PM

Getting Started
**
Junior Member
173 posts

Joined: Jul 2008


QUOTE(omores @ May 28 2009, 07:50 AM)
Yes you have too unless you don't mind donating 25% of your dividend to the government.
*
Just need to fill in the tax return and claim back the 25%, however, be prepared the tax authority ask your source of finance to buy the share.
mentality88
post May 29 2009, 09:20 AM

Getting Started
**
Junior Member
173 posts

Joined: Jul 2008


QUOTE(allwerp @ May 29 2009, 06:52 AM)
what if your personal taxation level is more than 25%?do you declare the dividends you received to IRB???
*
Yes, you have to. You have to declare your gross dividend as income. This may lead you to higher tax bracket. Nevertheless, for the 25% tax deducted from your gross dividend, you can claim back. This is what the Tax Accountant call Two Tier system. If you don't declare your dividend, you have to be careful during the tax audit.

There is a so-called Single Tier Dividend implemented. For those Single Tier dividend, you don't need to declare.
mentality88
post Jun 9 2009, 02:09 PM

Getting Started
**
Junior Member
173 posts

Joined: Jul 2008


Resorts is good share, with good dividend.

 

Change to:
| Lo-Fi Version
0.0155sec    0.63    7 queries    GZIP Disabled
Time is now: 4th December 2025 - 12:48 AM