Tax for Mutual Fund Investors

·         Individuals

-           Capital gain (from selling unit trust) will be exempted from capital gain tax

-           For dividends, if  a withholding tax (10%) is deducted, the dividend income can be excluded from personal income tax filing

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·         Corporates

1)     Listed Company

-           Dividend income will be exempted from corporate income tax  (In case, holding unit trust three months before and three months after any dividend payments)

-           Capital gain is required to be included in corporate revenue for the income tax filing 

2)     Limited Company

-           Only half of the dividend payment will be included in company revenue for income tax filing (In case, holding unit trust three months before and three months after any dividend payments)

-           Capital gain is required to be included in corporate revenue for the income tax filing

 You can plan to reduce your tax liability by investing in our LTF and RMF funds by: Tax Planning with LTF & RMF