What happen if after E-filling dividends received and Lhdn record of your declared dividends received by u are not matching with Lhdn computer records source from Bursa?

U mati liaw，
1st time fraud, how much penalty?
2ndtime fraud, how much penalty?
This goes on and on for the subsequent years.
Gov, profits from penalties from you all.

Posted by StarOfTheBull > Oct 20, 2024 8:15 AM | Report Abuse

* Total income for the year, different dates within that years need not be disclosed. Didn't you do e-filing before?


？


I did dividends declarations b4 singlettier tax for company dividends implemented.
l have to fill in what companie s, the total amount of dividends

U need to keep all the supporting documents of dividends payment s，




What information is required for the method of payment for dividends tax to Lhdn e-filling?

Sources
hasil.gov.my

To provide the method of payment for dividends tax, the following information is typically required:
1. Payment Method: Specify whether dividends will be paid in cash, set-off against amounts owed, or as a transfer of assets。

2。Bank Account Details: For electronic payments, you must provide your bank account information through the prescribed form submitted to your stockbroker or authorized agent，

3. Supporting Documents: Individuals need identification documents and bank statements, while corporations must submit incorporation certificates and bank statements。

Ensure compliance with legal requirements regarding solvency and documentation。

Posted by Mikecyc > Oct 20, 2024 8:11 AM | Report Abuse

1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱

？



Sslee sir, why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?

Posted by paulthesotong > Oct 19, 2024 8:55 PM | Report Abuse

Follow Trumpology.. no person income tax just impose ,30 % tax on all imported goods. simple n easy.



？

Follow Trumpnomic The easiest thing to do than tax 2% dividends。

Like GST, the problem isnot GST but the keying in all the numbers of transactions per items that you sell，
do you have have the time to do that?

Lhdn with a click of a button can know how many counters paying dividends and the frequency of dividends that u received according to date. If U miss declare two times your dividends, you will be saman for fraud and pay big penalties.

Posted by StarOfTheBull > Oct 19, 2024 7:16 PM | Report Abuse

Assuming brokerage fee is 0.2%.
Sell RM2 million of contract value you pay brokerage fee of RM4,000, buy back you pay another RM4,000. Total brokerage to pay is RM8,000.
2% tax on dividend of RM140,000 is RM2,800.
Moreover, no guarantee that person can buy that share back at lower price. Therefore it is not a good idea to sell and buy back for the sake of avoiding the 2% dividend tax.

？

The problem is not paying 2% dividends
the problem are if you have small shares quantity in 20 counters, and all the 20 counters pay once or twice dividends a year you need to do e-filling all of them according to date, units ＆dividends to Lhdn. Time consuming job. Hope you see the problems.

Sslee sir; as many times as gov possible tax 2% dividend tax laa.

hng33 ，you sangat pandai! Good.

https://youtube.com/shorts/-0EpMbwnKvw?si=FuHO-OuPP87pKCa0

Jaks is Tong Sam Fah。 Very simple

Balian sir, you ridicule me. But I bought scib based on your advice boh!

Wrong. Kam ala mak is the New US President。

I support and endorse Dnex。

It's a cat ＆ mouse game. The cat is the gov.
Who wins? Surely the cat wins.

Who will likely get taxed?

Hypothetically, anyone receiving dividends from stocks, mutual funds, or other investments will be subject to dividend taxes. This includes individuals and companies.


？


Sslee Sir,
U are wrong. Company also has to pay 2% dividends tax，
Stony kena tax lah...

KUALA LUMPUR, Oct 18 — Income from dividends that crosses RM100,000 will be taxed at a 2 per cent rate starting next year, Prime Minister Datuk Seri Anwar Ibrahim announced today as he unveiled the largest federal spending plan to date.

Anwar, who is also finance minister, said the tax will be applied “progressively” but whether or not this means the tax rate would change the higher the dividends are or would be taxed at a flat rate of 2 per cent is unclear at the moment.

How does it work?

Suppose you invested RM4 million in shares and the company you invested in announced a 3 per cent dividend for the financial year 2025. Your dividend earnings would total RM120,000, which means that income is taxable since it’s above RM100,000.

What’s the tax rate?

That RM120,000 will be taxed at a 2 per cent rate, according to what was said during the Budget presentation in Parliament. Anwar said the tax would apply “progressively” but did not elaborate during the tabling.

Progressive taxation could mean that if your dividend for the year is RM120,000 (at 2 per cent), only the RM20,000 would be taxable.

The other scenario is that the 2 per cent tax rate would apply on the total amount of dividend, so a RM120,000 would amount to RM2,400 in tax that the individual would have to pay.

It’s also unclear if the dividend tax would be charged in tandem with your income tax or separately.

What is getting taxed?

Just dividends. The dividend yield of a stock is the dividend amount paid per share and is expressed as a percentage of the company’s share price. There are companies that pay dividends by allocating shares to the shareholders instead of cash.

Whether or not this would be taxed, or how, is unclear.

Who will likely get taxed?

Hypothetically, anyone receiving dividends from stocks, mutual funds, or other investments will be subject to dividend taxes. This includes individuals and companies.

Gov doesn't tax its own Pets proj ect s。
U still new kah in Bursa?

Posted by speakup > Sep 17, 2024 9:37 AM | Report Abuse

means taxable on the corporate side, not shareholder side. so no, you dont need to declare this taxable income under our single-tier system

？

Wrong answer，
Dividends 2% taxable in 2025. Prepare your e-fail ing Lhdn because you have multiple companies dividends. Now it's call helividends?

I endorse CapA，
People looking to escape from 2% dividends tax will come and buy CapA stocks.
Sslee is headache because of 2% dividend tax impose by gov he voted.

See the price of Harima u on Monday, will you?

People see the long term trend of dividend tax. Not short term trend。

Repost:
Sslee sir, u see service tax increases from 6% to 8% in 2025. Your Jtiasa will give helividends quite a lot and will be tax ed 2 % in 2025，In 2026, helidividend will be taxed4%。Surely will increase tax because service tax increases from 6% to 8% in 2025 show us the tax trends?

According to an industry expert, stocks with high dividend yields might be sold off before the dividend date to avoid the new tax.

"This 2.0 per cent dividend tax is not welcome by the capital market, but it is applicable to those active big investors.

"Assuming an investor holds 200,000 shares of Maybank (at RM10 it is worth RM2 million, which yields 7.0 per cent tax ), his dividend income would be RM140,000.

"So he will choose to sell on the date of his 200,000 shares. He can then buy back on ex-date," the expert who requested to comment on condition of anonymity told Business Times.


？



Bo-do I why must sell and buy back after ex-date for maybank?
People will buy other shares without dividends
why must hold maybank and avoid dividend by sell and buyback after ex －date?

Repost:
Posted by getingreal > Oct 19, 2024 2:02 PM | Report Abuse

I am a foreign investor and have a portfolio of Malaysian counters most that I have accumulated over the last 30 years. I am retired, and I live quite comfortably on my Dividend Income. My Dividends on my Malaysian Stocks exceed RM100K per year so this new 2% tax catches me. I issue I have is not paying 2% on dividends I receive over RM 100k, it's how that's processed. As of now I don't have taxable Malaysia income as my dividend income was taxed already. With this proposed new tax Now I will have taxable income in Malaysia requiring me to file a Malaysian tax return. This is not a simple matter. As a foreigner I will be required to engage a registered Malaysian Tax Agent (Cost RM10,000 to register with one) and they will file my returns each year charging me 250 for each source of income (say 20 counters x 250= RM 5.000 per tax return).
The cure is relatively simple, I will sell most of my Malaysian shares to ensure my total dividends in Malaysia remain less than RM100,000. I will take the proceeds sell Ringgit and buy Singapore Dollars to invest the equivalent funds in Singapore. The Singapore dividends will not be taxed in Singapore or Malaysia. I will sell Maybank and buy UOB. Bad for Malaysia as my funds are withdrawn from Malaysia, and good for Singapore as I invest there instead. Dividend yield Maybank Vs UOB is quite similar. This I avoid the hassle, and the costs associated with having to deal with tax returns in Malaysia.


Income
11707 posts
Posted by Income > Oct 19, 2024 3:58 PM | Report Abuse X

Foreigner can run＆invest in Spore or other place. But rich helividend Sslee can't run to invest and get dividend shares in Spore。

Stony is very smart ular。Can't tax Stony。

I cap, mati law with 2 heliridends taxes
Kena tax Kaw kaw。How?

If I have money, I will by spore shares. But I also will be taxed 2% for foreign dividends。Mati langkah.

Sslee sir, then you buy RCUIDSlike stony did and no helividends taxes?

Posted by prudentinvestor > Oct 19, 2024 4:13 PM | Report Abuse

The 2% tax on dividends exceeding RM100,000 received by individual shareholders would only have a very negligible effect on the performance of the local stock market on Monday.



？

No impact to bursa?
People look at long term trend boh!

Repost:
Sslee sir, u see service tax increases from 6% to 8% in 2025. Your Jtiasa will give helividends quite a lot and will be tax ed 2 % in 2025，In 2026, helidividend will be taxed4%。Surely will increase tax because service tax increases from 6% to 8% in 2025 show us the tax trends?

Repost:
Posted by Sslee > Oct 19, 2024 3:43 PM | Report Abuse

Government intention is to tax prudent investor that like to invest in companies that can pay dividend and encourage more people into those fly by night speculative stocks.

Who is addicted to tax?

Sslee sir, u see service tax increases from 6% to 8% in 2025. Your Jtiasa will give helividends quite a lot and will be tax ed 2 % in 2025，In 2026, helidividend will be taxed4%。Surely will increase tax because service tax increases from 6% to 8% in 2025 show us the tax trends?

I don't want to buy Bursa companies giving out heli vidends，
I will buy C ap Aya m companies to avoid headaches becos I aim to become millionaire and I don't to fialling for Lhdn 2% helividends tax. Must practice earlier to buy only cap Ayam companies Bursa has.

If sslee sir avoid helividend. He has to buy many Cap Ayam counters in Bursa。Gor wants us to support Cap Ayam like Cap A, stony company.,
Sslee please don't ridicule Stony CapA or AAX company.
You wants Cap Ayam counters to prosper?

Foreigner can run＆invest in Spore or other place. But rich helividend Sslee can't run to invest and get dividend shares in Spore。

Repost:
Posted by getingreal > Oct 19, 2024 2:02 PM | Report Abuse

I am a foreign investor and have a portfolio of Malaysian counters most that I have accumulated over the last 30 years. I am retired, and I live quite comfortably on my Dividend Income. My Dividends on my Malaysian Stocks exceed RM100K per year so this new 2% tax catches me. I issue I have is not paying 2% on dividends I receive over RM 100k, it's how that's processed. As of now I don't have taxable Malaysia income as my dividend income was taxed already. With this proposed new tax Now I will have taxable income in Malaysia requiring me to file a Malaysian tax return. This is not a simple matter. As a foreigner I will be required to engage a registered Malaysian Tax Agent (Cost RM10,000 to register with one) and they will file my returns each year charging me 250 for each source of income (say 20 counters x 250= RM 5.000 per tax return).
The cure is relatively simple, I will sell most of my Malaysian shares to ensure my total dividends in Malaysia remain less than RM100,000. I will take the proceeds sell Ringgit and buy Singapore Dollars to invest the equivalent funds in Singapore. The Singapore dividends will not be taxed in Singapore or Malaysia. I will sell Maybank and buy UOB. Bad for Malaysia as my funds are withdrawn from Malaysia, and good for Singapore as I invest there instead. Dividend yield Maybank Vs UOB is quite similar. This I avoid the hassle, and the costs associated with having to deal with tax returns in Malaysia.

The video above said 85% people will not be affected boh!
Really?

https://www.youtube.com/watch?v=z_VfxDGAqPA

Inflation coming? Ron 95 no more subsidy soon

Wow, pas will always be pass?

Wrong platform

Like you, YB, for you to choose the Parliament to bring up my name and questioned my loyalty to the country, it is a wrong platform.

You have chosen a legislative platform and used your legislative power to suggest something to the administrative power. Instead, you should go directly to the judiciary power.

This should be an interesting topic for the public to discuss and brainstorm to make sure the Malaysian judiciary power is totally independent.

How? want to saman?

Posted by Mabel > Oct 19, 2024 12:26 PM | Report Abuse
Let see if Santa is cuming to town at the end of this year.

Yesterday, Bursa Malaysia’s FBM KLCI closed at 1,645.99 points, a 0.28% increased. Market Outlook: Bursa Malaysia is expected to rise, with the FBM KLCI index potentially surpassing 1,780 points by the end of the year.

The Malaysian ringgit is expected to strengthen against the US dollar, potentially reaching RM4.10 to RM4.20 by the end of 2024.

Meow Meow Meow


speakup
26937 posts
Posted by speakup > Oct 19, 2024 12:33 PM | Report Abuse

cum? Isn't that orgasm?

？

Marble everyday orgasm
why you worry?

Balian sir, u got helivilend?
Sslee sir, kena 2% kaw kaw helividends tax

Rm now is strong u better buy sing dollar. Protection for yourself

Posted by Sslee > Oct 19, 2024 9:30 AM | Report Abuse

I am trying hard to build a portfolio that earned me 200-300K after retirement so now gorvernment wants to tax 2% on my dividend

Know what all the super rich did not hold too much share directly under their name but indirectly under their private companies. So how to tax them?


？

SsleeSir, every year budget will increase dividend tax by 1% every year。How do you retire?
2 → 3 → 4 → 5 → 6 →7 →8 ％ helividend tax report to Lhdn，
If many companies give helividends,then you need to record each one and add up for Lhdn。Very time consuming? No more shake legs getting helividends.

Like my Grandpasaid , got money and no money, both create problems.

Avoid havimau and all Bursa comp Helividend。U need to report to Lhdn。
U think raky at too free to do failling and report ker。

Messy only if you have Rm100,000 Helividen。
You need to report all different comp dividend → e-fialling like last time 15 years ago。Very hard to report.

Forgot to add
I eat Kangkong vege every day because Bossku said can buy with Rm1.00 bahhh

Balian de Ibelin

Best fish not farmed is sardines. It's a low mercury fish you can eat daily 3 times a day.
19/10/2024 9:56 AM

？

Best fish is ikan Bilis。
Bcos of tax inflation, l am B40 eat only these:
I eat 1 to 2 Fishes everyday (only ikanbilis) bcos can't afford full big fish。
I eat 1 to 2 eggs everyd ay ( quail egg ) I can't afford chicken eggs。
I eat without sugar tea everyday ( sugar tax),dark tea only without sugar.
l eat half a quail bird a day (bcos floating price chicken soon)
I eat ubi kayu now since rice prices already increased a lot.
How? Hidup susah

Latest 2 by erections won la. They don't care。Tax m40 for B40 laa.
M40 doesn't send the mesej to gov. That's the problem.

But why no luxury items tax? 2024 the gov cancel it wor,why?