The government's action to repeal the tax exemption of foreign sourced income received in Malaysia by any resident person, with certain exemptions being proposed, has changed the tax landscape for unit trust funds from year 2022. The introduction of new withholding tax obligations has also increased the administrative burden on the fund managers of unit trust funds.
Our leaders are pleased to provide their insights on the new tax landscape for unit trust funds, which can be accessed via the above link.
Should you have any questions or require further clarification, please do not hesitate to email or contact any of our Executive Directors, Directors, Associate Directors or Managers whom you are accustomed to dealing with or who are responsible for the tax affairs of your organization
