The Income Tax (Unit Trust in Relation to Income Received in Malaysia from Outside Malaysia) (Exemption) Order 2024¹ (“FSI-EO”) which exempts qualifying unit trusts from paying income tax on gross income from all sources of income received in Malaysia from outside Malaysia, which is due to expire on 31 December 2026 has been extended for a further four years until 31 December 2030 pursuant to the Income Tax (Unit Trust in Relation to Income Received in Malaysia from Outside Malaysia) (Exemption) 2024 (Amendment) Order 2026².
 
It is to be noted that the tax exemption under the FSI-EO is subject to the conditions in the FSI-EO being satisfied. Our write-up on the FSI-EO can be read here.
 
 
Alert by Joey Tiw (Senior Associate) of the Tax Practice of Skrine.
 
 

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