Strategy Note /

MY : Strategy - Tax exemption on FSI extended till 2026

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

    2 January 2022
    Published byCGS-CIMB

    MOF has extended the tax exemption on FSI of individuals and dividend income from corporates for five years from 1 Jan 2022 to 31 Dec 2026. It also announced a cap on stamp duty on share contract notes of RM1,000. We are positive on these as it will reduce corporate earnings risks for 2022F.