Malaysia extends tax break for corporate investors to 2022


KUALA LUMPUR: Malaysia has extended the expiry of existing income tax exemption on interest or profit earned from deposits for corporate investors in retail money market funds to Jan. 1,2022, according to a letter sighted by Bloomberg.

A Securities Commission of Malaysia‘s spokesperson confirms the letter to Bloomberg via an email on Monday

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Ringgit ends higher against US dollar
Genting Malaysia's unit to buy entire Series F stock of Empire for US$100mil
AME REIT plans to acquire industrial properties in Johor for RM69.3mil
MRCB bags contract for car park operations at Menara Shell, Platinum Sentral
Bursa Malaysia ends lower
Bursa Malaysia CEO takes over as chairperson of CEO Action Network
No merger of AirAsia's aviation business - Tony Fernandes
G7 price cap on Russian oil kicks in, Russia will only sell at market price
Cagamas concludes issuance of RM1.09bil bonds, sukuk
Bursa Malaysia aims for 300 PLCs to participate in transformation programme by 2025

Others Also Read