ISKANDAR PUTERI: Forest City is poised to become a magnet for international capital by introducing incentives that include a 0% tax rate for single-family offices, plus a host of other goodies for corporations and knowledge workers.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the Forest City Special Financial Zone (SFZ) would be the first location in Malaysia to offer such a tax break, the government’s way of propelling the family office sector.
