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.