Budget 2025: Introducing 2% Dividend Tax on Dividend Income Exceeding RM100,000 in Malaysia
The 2% tax on dividend income exceeding RM100,000 annually, introduced in Budget 2025 Malaysia on 18 October 2024, has come as a surprise to many investors. For years, dividends in Malaysia were completely exempt from personal tax, allowing shareholders to receive their full dividend payments without paying any additional tax. However, starting…