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Is preference share dividend taxable in Malaysia?
For instance, it is good to know that the dividends of companies in Malaysia are not taxed, which is why shareholders can enjoy the 100% share profit. The taxation of dividends in Malaysia is subject to a single-tier system and those dividend payments made by companies under this system are not subject to tax. Dividends are exempt in the hands of shareholders. Companies are not required to deduct tax from dividends paid to shareholders, and no tax credits will be available for offset against the recipient’s tax liability.