Posted by treasurehunt > Oct 20, 2024 5:49 PM | Report Abuse

Don't tell me you live in a flat worth under 100k and a Kancil and investing RM 2 million in KLSE. Ha ha ha


？

An Kong & Ah mah now still do that kind of thing drive Kancil, live in flat and invest in Genting. How? U don't believe, go to Genting AGM Iaa.

Some ministers also said they are M40 ahh。How? Fake or not?

Vote lovers look for supporters。
Some tips.: u help me, I help U? Who said this?

Vote lovers la aa

Posted by Mikecyc > Oct 20, 2024 2:44 PM | Report Abuse

Haha I am posted Negative views in YTLpower with facts n figures as agreed with OTB

？


He doesn't agree with u lah.

Boleh land, the T20 ＆M40 need to be taxed to help B40 poor。Full stop. This is the policy sejak Tunku Abdul Rahman。No argue

star584－read this

Repost:
Posted by getingreal > Oct 19, 2024 2:02 PM | Report Abuse

I am a foreign investor and have a portfolio of Malaysian counters most that I have accumulated over the last 30 years. I am retired, and I live quite comfortably on my Dividend Income. My Dividends on my Malaysian Stocks exceed RM100K per year so this new 2% tax catches me. I issue I have is not paying 2% on dividends I receive over RM 100k, it's how that's processed. As of now I don't have taxable Malaysia income as my dividend income was taxed already. With this proposed new tax Now I will have taxable income in Malaysia requiring me to file a Malaysian tax return. This is not a simple matter. As a foreigner I will be required to engage a registered Malaysian Tax Agent (Cost RM10,000 to register with one) and they will file my returns each year charging me 250 for each source of income (say 20 counters x 250= RM 5.000 per tax return).
The cure is relatively simple, I will sell most of my Malaysian shares to ensure my total dividends in Malaysia remain less than RM100,000. I will take the proceeds sell Ringgit and buy Singapore Dollars to invest the equivalent funds in Singapore. The Singapore dividends will not be taxed in Singapore or Malaysia. I will sell Maybank and buy UOB. Bad for Malaysia as my funds are withdrawn from Malaysia, and good for Singapore as I invest there instead. Dividend yield Maybank Vs UOB is quite similar. This I avoid the hassle, and the costs associated with having to deal with tax returns in Malaysia.

https://youtube.com/shorts/cEuAjYBbs_o?si=FJvgg9MkSU96DGv6

https://youtube.com/shorts/cEuAjYBbs_o?si=FJvgg9MkSU96DGv6

Posted by treasurehunt > Oct 20, 2024 12:10 PM | Report Abuse

Tricky part is LHDN wants to turn your capital gain from stock market into trading gains in the normal course of business and subject to personal income tax.

？

But in USA got capital gain from stocks and also deduction of tax for capital loss in stocks also。We only want to tax capital gain from stock but don't give I capital loss redemption. Sayonara if that happens.

Posted by treasurehunt > Oct 20, 2024 12:10 PM | Report Abuse

Tricky part is LHDN wants to turn your capital gain from stock market into trading gains in the normal course of business and subject to personal income tax.

？

This is Lhdn long term plan. Very messy to keep record of in and out of Bursa。
The buy record, sell record，Mati punyakerja
Better get out of bursa － if that thing happen。

Posted by StarOfTheBull > Oct 20, 2024 9:50 AM | Report Abuse

Yeah. To succeed in inventing you need to be 100% bull or 100% pure.
What am I writing?

？

I catch no balls of yours?

You all fikir senang senang do e-filing for dividends received?
Think again carefully。

Upunya harimau kuat meh? Don't say about sslee，

Oh yo Eagle,u mood swing. Datangbulan ker

Why u disturb Insas forum? Go bek to Jaks

I will go to Indon to find wifey. As sslee said can find wifey there。

Case close for my wifey. No such person de Mustang king in i 3 boh!

Demusang king, where?
Demusang king, not in i 3 。

Posted by Mikecyc > Oct 20, 2024 10:53 AM | Report Abuse

Haha on Jln Alor one , u need to ask sslleee le ..

When he show off his monthly luxuries lifestyle, one is on Massage ..

I said I normally go to The Spa … then he U- Turn !🤣


Mikecyc
45666 posts
Posted by Mikecyc > Oct 20, 2024 10:55 AM | Report Abuse

Haha tried when u r Young , not till Lee posted cannot up oredi !🤣


Mikecyc
45666 posts
Posted by Mikecyc > Oct 20, 2024 11:00 AM | Report Abuse

Haha even a HK singer cum x rated actress as replied to Lee n licker . Shl delete this post later


？

l oredi knew that you are playman。
Since Balian lurking said you piling business at Jln Alorboh!

Posted by Mikecyc > Oct 20, 2024 9:53 AM | Report Abuse

Haha KonLee India callgirl is not cheap le .. not like u n lirker in Jln Alor le !🤣

？

This evidence you give showing you memang know the price for piling Indiagirl。
Haha. U at last reveal your JIn Alor - piling auntie secrets。
How do u know callgirlIndia not cheap, if you have not tried before?

Posted by Mikecyc > Oct 20, 2024 9:53 AM | Report Abuse

Haha KonLee India callgirl is not cheap le .. not like u n lirker in Jln Alor le !🤣

？

This evidence you give showing you memang know the price for piling Indiagirl。
Haha. U at last reveal your JIn Alor - piling auntie secrets。
How do u know callgirlIndia not cheap?

Eagle, where is your period bloodsleh?

What happen if after E-filling dividends received and Lhdn record of your declared dividends received by u are not matching with Lhdn computer records source from Bursa?

U mati liaw，
1st time fraud, how much penalty?
2ndtime fraud, how much penalty?
This goes on and on for the subsequent years.
Gov, profits from penalties from you all.

Posted by StarOfTheBull > Oct 20, 2024 8:15 AM | Report Abuse

* Total income for the year, different dates within that years need not be disclosed. Didn't you do e-filing before?


？


I did dividends declarations b4 singlettier tax for company dividends implemented.
l have to fill in what companie s, the total amount of dividends

U need to keep all the supporting documents of dividends payment s，




What information is required for the method of payment for dividends tax to Lhdn e-filling?

Sources
hasil.gov.my

To provide the method of payment for dividends tax, the following information is typically required:
1. Payment Method: Specify whether dividends will be paid in cash, set-off against amounts owed, or as a transfer of assets。

2。Bank Account Details: For electronic payments, you must provide your bank account information through the prescribed form submitted to your stockbroker or authorized agent，

3. Supporting Documents: Individuals need identification documents and bank statements, while corporations must submit incorporation certificates and bank statements。

Ensure compliance with legal requirements regarding solvency and documentation。

Posted by Mikecyc > Oct 20, 2024 8:11 AM | Report Abuse

1.) Why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?
Subur Tiasa even diversified business into pipe manufacturing n auto sector since May 2023 .😱

？



Sslee sir, why Subur Tiasa and Rsawit ( under same RH group with Jtiasa ) are loss making in Timber and Plantation business?

Posted by paulthesotong > Oct 19, 2024 8:55 PM | Report Abuse

Follow Trumpology.. no person income tax just impose ,30 % tax on all imported goods. simple n easy.



？

Follow Trumpnomic The easiest thing to do than tax 2% dividends。

Like GST, the problem isnot GST but the keying in all the numbers of transactions per items that you sell，
do you have have the time to do that?

Lhdn with a click of a button can know how many counters paying dividends and the frequency of dividends that u received according to date. If U miss declare two times your dividends, you will be saman for fraud and pay big penalties.

Posted by StarOfTheBull > Oct 19, 2024 7:16 PM | Report Abuse

Assuming brokerage fee is 0.2%.
Sell RM2 million of contract value you pay brokerage fee of RM4,000, buy back you pay another RM4,000. Total brokerage to pay is RM8,000.
2% tax on dividend of RM140,000 is RM2,800.
Moreover, no guarantee that person can buy that share back at lower price. Therefore it is not a good idea to sell and buy back for the sake of avoiding the 2% dividend tax.

？

The problem is not paying 2% dividends
the problem are if you have small shares quantity in 20 counters, and all the 20 counters pay once or twice dividends a year you need to do e-filling all of them according to date, units ＆dividends to Lhdn. Time consuming job. Hope you see the problems.

Sslee sir; as many times as gov possible tax 2% dividend tax laa.

hng33 ，you sangat pandai! Good.

https://youtube.com/shorts/-0EpMbwnKvw?si=FuHO-OuPP87pKCa0

Jaks is Tong Sam Fah。 Very simple

Balian sir, you ridicule me. But I bought scib based on your advice boh!

Wrong. Kam ala mak is the New US President。

I support and endorse Dnex。

It's a cat ＆ mouse game. The cat is the gov.
Who wins? Surely the cat wins.

Who will likely get taxed?

Hypothetically, anyone receiving dividends from stocks, mutual funds, or other investments will be subject to dividend taxes. This includes individuals and companies.


？


Sslee Sir,
U are wrong. Company also has to pay 2% dividends tax，
Stony kena tax lah...

KUALA LUMPUR, Oct 18 — Income from dividends that crosses RM100,000 will be taxed at a 2 per cent rate starting next year, Prime Minister Datuk Seri Anwar Ibrahim announced today as he unveiled the largest federal spending plan to date.

Anwar, who is also finance minister, said the tax will be applied “progressively” but whether or not this means the tax rate would change the higher the dividends are or would be taxed at a flat rate of 2 per cent is unclear at the moment.

How does it work?

Suppose you invested RM4 million in shares and the company you invested in announced a 3 per cent dividend for the financial year 2025. Your dividend earnings would total RM120,000, which means that income is taxable since it’s above RM100,000.

What’s the tax rate?

That RM120,000 will be taxed at a 2 per cent rate, according to what was said during the Budget presentation in Parliament. Anwar said the tax would apply “progressively” but did not elaborate during the tabling.

Progressive taxation could mean that if your dividend for the year is RM120,000 (at 2 per cent), only the RM20,000 would be taxable.

The other scenario is that the 2 per cent tax rate would apply on the total amount of dividend, so a RM120,000 would amount to RM2,400 in tax that the individual would have to pay.

It’s also unclear if the dividend tax would be charged in tandem with your income tax or separately.

What is getting taxed?

Just dividends. The dividend yield of a stock is the dividend amount paid per share and is expressed as a percentage of the company’s share price. There are companies that pay dividends by allocating shares to the shareholders instead of cash.

Whether or not this would be taxed, or how, is unclear.

Who will likely get taxed?

Hypothetically, anyone receiving dividends from stocks, mutual funds, or other investments will be subject to dividend taxes. This includes individuals and companies.

Gov doesn't tax its own Pets proj ect s。
U still new kah in Bursa?

Posted by speakup > Sep 17, 2024 9:37 AM | Report Abuse

means taxable on the corporate side, not shareholder side. so no, you dont need to declare this taxable income under our single-tier system

？

Wrong answer，
Dividends 2% taxable in 2025. Prepare your e-fail ing Lhdn because you have multiple companies dividends. Now it's call helividends?

I endorse CapA，
People looking to escape from 2% dividends tax will come and buy CapA stocks.
Sslee is headache because of 2% dividend tax impose by gov he voted.

See the price of Harima u on Monday, will you?

People see the long term trend of dividend tax. Not short term trend。

Repost:
Sslee sir, u see service tax increases from 6% to 8% in 2025. Your Jtiasa will give helividends quite a lot and will be tax ed 2 % in 2025，In 2026, helidividend will be taxed4%。Surely will increase tax because service tax increases from 6% to 8% in 2025 show us the tax trends?

According to an industry expert, stocks with high dividend yields might be sold off before the dividend date to avoid the new tax.

"This 2.0 per cent dividend tax is not welcome by the capital market, but it is applicable to those active big investors.

"Assuming an investor holds 200,000 shares of Maybank (at RM10 it is worth RM2 million, which yields 7.0 per cent tax ), his dividend income would be RM140,000.

"So he will choose to sell on the date of his 200,000 shares. He can then buy back on ex-date," the expert who requested to comment on condition of anonymity told Business Times.


？



Bo-do I why must sell and buy back after ex-date for maybank?
People will buy other shares without dividends
why must hold maybank and avoid dividend by sell and buyback after ex －date?

Repost:
Posted by getingreal > Oct 19, 2024 2:02 PM | Report Abuse

I am a foreign investor and have a portfolio of Malaysian counters most that I have accumulated over the last 30 years. I am retired, and I live quite comfortably on my Dividend Income. My Dividends on my Malaysian Stocks exceed RM100K per year so this new 2% tax catches me. I issue I have is not paying 2% on dividends I receive over RM 100k, it's how that's processed. As of now I don't have taxable Malaysia income as my dividend income was taxed already. With this proposed new tax Now I will have taxable income in Malaysia requiring me to file a Malaysian tax return. This is not a simple matter. As a foreigner I will be required to engage a registered Malaysian Tax Agent (Cost RM10,000 to register with one) and they will file my returns each year charging me 250 for each source of income (say 20 counters x 250= RM 5.000 per tax return).
The cure is relatively simple, I will sell most of my Malaysian shares to ensure my total dividends in Malaysia remain less than RM100,000. I will take the proceeds sell Ringgit and buy Singapore Dollars to invest the equivalent funds in Singapore. The Singapore dividends will not be taxed in Singapore or Malaysia. I will sell Maybank and buy UOB. Bad for Malaysia as my funds are withdrawn from Malaysia, and good for Singapore as I invest there instead. Dividend yield Maybank Vs UOB is quite similar. This I avoid the hassle, and the costs associated with having to deal with tax returns in Malaysia.


Income
11707 posts
Posted by Income > Oct 19, 2024 3:58 PM | Report Abuse X

Foreigner can run＆invest in Spore or other place. But rich helividend Sslee can't run to invest and get dividend shares in Spore。

Stony is very smart ular。Can't tax Stony。

I cap, mati law with 2 heliridends taxes
Kena tax Kaw kaw。How?

If I have money, I will by spore shares. But I also will be taxed 2% for foreign dividends。Mati langkah.