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Budget 2025’s Dividend Tax and Budget 2024’s CGT Exemptions

Thenesh Kannaa, Executive Director, Tratax

21-Oct-24 11:00

Budget 2025’s Dividend Tax and Budget 2024’s CGT Exemptions

In this episode of P&L, we briefly explore key highlights from Budget 2025 before diving into two major tax key areas — Budget 2025's introduction of a 2% dividend tax on incomes above RM100,000, as well as the Capital Gains Tax (CGT) exemptions recently gazetted for corporate restructuring and IPO transactions that were announced in Budget 2024.

Thenesh Kannaa, Executive Director of Tratax, shares his insights on the broader implications of the 2% dividend tax, whether it's a case of double taxation, and how it will impact business owners and investors. Then, we dive into the recent gazetted updates on CGT, including the key exemptions, eligibility criteria, and what businesses need to know to stay compliant while leveraging these exemptions.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


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Categories:  economymanagingCorporatesLaw/Activismgovernmentfinancial wellnesspersonal development

Tags:  dividend taxcapital gains taxBudget 2025





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