Anwar said the tax will be on the disposal of shares of domestic companies based on their net profit at a rate of 10% beginning March 1, 2024.
PETALING JAYA: The government will enforce the implementation of the capital gains tax (CGT) as announced during Budget 2024 by Prime Minister Datuk Seri Anwar Ibrahim yesterday.
He said the tax will be on the disposal of shares for domestic companies based on their net profit at a rate of 10% beginning March 1, 2024.
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