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      Unit trust funds under the spotlight 

      Further to the earlier announcement made by the Finance Minister II Datuk Seri Amir Hamzah Azizan on 16 January 2024, the Income Tax (Unit Trust) (Exemption) Order 2024 and the Income Tax (Unit Trust in relation to Income Received in Malaysia from Outside Malaysia) (Exemption) Order 2024 have been gazetted.

      In this article, we delve into the implications brought upon by these exemption orders and offer insights on how they might affect unit trusts moving forward.  We hope that it will provide you with a comprehensive understanding of the current environment and its potential impacts. 

      We are pleased to set out the commentary which can be accessed via the above links.

      Petaling Jaya Office

      Soh Lian Seng
      Partner - Head of Tax and Tax Dispute Resolution
      lsoh@kpmg.com.my
      + 603 7721 7019

      Ng Sue Lynn
      Partner - Head of Indirect Tax
      suelynnng@kpmg.com.my
      + 603 7721 7271

      Tai Lai Kok
      Partner - Head of Corporate Tax
      ltai1@kpmg.com.my
      + 603 7721 7020

      Bob Kee
      Partner - Head of Transfer Pricing
      bkee@kpmg.com.my
      + 603 7721 7029

      Long Yen Ping
      Partner - Head of Global Mobility Services  
      yenpinglong@kpmg.com.my
      + 603 7721 7018

      Outstation Offices

      Penang
      Evelyn Lee
      Partner
      evewflee@kpmg.com.my
      +603 7721 2399

      Ipoh
      Crystal Chuah Yoke Chin
      Associate Director
      ycchuah@kpmg.com.my
      +603 7721 2714

      Kuching & Miri
      Regina Lau
      Partner
      reglau@kpmg.com.my
      +603 7721 2188

      Kota Kinabalu
      Titus Tseu
      Executive Director 
      titustseu@kpmg.com.my
      +603 7721 2822

      Johor
      Ng Fie Lih
      Partner 
      flng@kpmg.com.my
      +603 7721 2514