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Nation

Forest City first location in Malaysia to offer zero tax rate for family offices

By MOHD FARHAAN SHAH and YEE XIANG YUN

ISKANDAR PUTERI: Forest City will be the first location in Malaysia to offer a 0% tax rate for family offices, says Datuk Seri Amir Hamzah Azizan.

The Finance Minister II added that the 0% tax rate for family offices was among a competitive package of incentives to make Forest City a magnet for international capital.

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Forest City , tax rate , Zero , Amir Hamzah Azizan

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