Malaysia's Budget for 2025 was delivered on 18 October 2024. Some of the main measures as explained in the tax measures document include:
- The introduction of a 2% dividend tax on annual chargeable dividend income of individuals exceeding MYR 100,000 from the year of assessment 2025, with several exemptions, including:
- dividend income from abroad;
- dividend income distributed from the profits of companies that received pioneer status and reinvestment allowances;
- dividend income paid, credi…