Crowe Global

04/02/2025 | Press release | Distributed by Public on 04/02/2025 20:26

Dividend Tax: A Taxing Issue for The Ultra-Rich

Malaysia's Budget 2025 has introduced a significant change, implementing a 2% tax on dividend income exceeding RM100,000, starting January 1, 2025. This marks a major shift from the previous tax-exempt status of dividends, generating reactions from both investors and business owners. For years, shareholders were accustomed to receiving dividend payments without facing additional taxes. With this new development, high-income earners will need to reassess their financial plans to adjust to the changing fiscal environment. This article delves into the implications of the new dividend tax, the rationale behind it, and strategies to navigate these changes.

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Originally Published by Crowe Malaysia on, 26 March 2025