REIT managers seek waiver of withholding tax


PETALING JAYA: Real estate investment trust (REIT) managers are hoping that the Government will waive the 10% withholding tax for resident and non-resident individuals.

This was to raise the competitiveness of Malaysian REITs (M-REITs) and ensure the successful future launching of a national REIT which would require large foreign participation, they said.

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