KUALA LUMPUR (Reuters) – Malaysia has exempted the imposition of capital gains tax and taxes on foreign-sourced income on unit trusts, its second finance minister said on Tuesday.
The exemption on foreign-sourced income is effective from Jan. 1, 2024 until Dec. 31, 2026 while the exemption on capital gains tax is effective from Jan. 1, 2024 until Dec. 31, 2028.
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