Malaysia: Tax exemptions for unit trusts

Exemptions from capital gains tax and income tax on foreign sourced income apply from January 1, 2024

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October 4, 2024

Orders providing exemptions for unit trusts from capital gains tax (CGT) and income tax on foreign sourced income (FSI) were published in the official gazette.

The exemption from CGT applies from January 1, 2024, until December 31, 2028, and the exemption from income tax on FSI applies from January 1, 2024, until December 31, 2026.

Read an October 2024 report prepared by the KPMG member firm in Malaysia

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