Capital Gains Tax in Malaysia

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​published on 5 June 2024 | reading time approx. 1 minute​

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Effective 1 January 2024, the Malaysian Government has implemented Capital Gains Tax (CGT) in Malaysia. The introduction of CGT not only increases the country’s rev­enue collection, but also seeks to minimize the gaps between the different income groups by ensuring fair treatment between taxation of business profits and capital gains.

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