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7 comment(s). Last comment by KH6996 4 weeks ago
Posted by Income > 1 month ago | Report Abuse
Gov doesn't tax its own Pets proj ect s。
U still new kah in Bursa?
Posted by The_JQuestion > 1 month ago | Report Abuse
of course EPF too , ASB very attractive in this sense... need more money to flow in.
I dont think they will tax FD as well ,, lol that will kill FD
Posted by hng33 > 1 month ago | Report Abuse
Dvivdend tax is no only applicable to listed company, but also apply to many small companies which often director of these companies often capitalise on Malaysia Unpropotional tax rate on personal income tax rate 30%, company tax rate 25% and SME tax rate 15%.
Take for example, big listed company director control substantial company stake will intentionally reduce personal wage to avoid paying personal tax 30%. Director in turn will retain company profit for corporate tax rate at 25% or 15% tax in case on SME. These director remuneration will then compensated through high company dividend which director entitle the most and as dividend income is single tier tax at corporate level, therefore all high dividend received by director is TAX FREE. Hence, gov realize these loophole enjoy by these high ent worth director, it need to start tax these high net worth director.
In additional, many big listed company or even SME have many small subsidiary or associate companies under group and many of these director also hold directorship of these small subsidiary or associate which often is most profitable companies under entire group. These inter companies under group if dividend once declare is wholly enjoy by director as group expense before accounted in group financial report
Posted by 5354_ > 4 weeks ago | Report Abuse
Give free W as reward better. Free W won't be taxed.
Posted by KH6996 > 4 weeks ago | Report Abuse
PMX gives exemptions to EPF, ASB, PNB etc. What does that tell you except it is a "votes buying" policy? He want to show he is against one group and siding with the other group, which is not supporting him now.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MG9231
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Posted by MG9231 > 1 month ago | Report Abuse
why amanah saham dividend is exempted?