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BIX ARTICLE

Tax Incentive for Bond and Sukuk In Malaysia

Jan 29, 2018

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2 min read

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Malaysia government imposed an income tax on financial income generated by all entities within their jurisdiction. By law, individuals and corporations are required to file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund which you can refer more at www.hasil.gov.my

The Government has been progressively introducing tax rebates and reliefs to promote the capital market. Individual and corporation will enjoy a tax incentive for investing or issuing bond
  For more information on tax incentive for sukuk:
https://www.sc.com.my/development/icm/incentives

For further information for investment that will be eligible for tax incentive you can refer to your respective investment broker or visit www.hasil.gov.my


Disclaimer
The information provided in this report is of a general nature and has been prepared for information purposes only. It is not intended to constitute research or as advice for any investor. The information in this report is not and should not be construed or considered as an offer, recommendation or solicitation for investments. Investors are advised to make their own independent evaluation of the information contained in this report, consider their own individual investment objectives, financial situation and particular needs and should seek appropriate personalised financial advice from a qualified professional to suit individual circumstances and risk profile.
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, Bond and Sukuk Information Platform Sdn Bhd (“the Company”) does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.
 

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