Prevailing income tax rate on gains received in Malaysia Companies, LLPs and trust bodies: 24% (headline rate) Co-operatives: 0% - 24% (scaled rates) Section 15C shares: Illustrative examples Disposal of section 15C shares The 75% threshold test The gains from the disposal of shares of...
Instead of the standard rates, you would be required to pay a 10% tax on all gains of any qualifying asset up to the current lifetime limit of £1m. This includes selling shares or securities in a business in which you have a minimum of 5% shares or voting rates, any assets that y...
Capital Gains Tax Relief on the Disposal of Business Assets: A Clear Strategy for Encouraging Entrepreneurs? The United Kingdom is now living through one of the longest recessions since the Second World War, with the main object of the Coalition Government being d... LR Seal - 《Journal of ...