Dividend Tax
Many people start to panic when they see #股息税,
worried that dividend stocks will decline because of this tax,
Although Anhua has not finished talking,
But for now, based on my understanding,
Summarized in one chart,
If there are any mistakes, they will be corrected later.
Conclusion:
This #dividendtax,
To put it bluntly, it's a tax on the wealthy (at the individual level, the more profit is made, the more tax is deducted, regardless of whether the company is listed or not, it seems not specifically targeting the stock market, but rather most business shareholders).
Also, tax on relatively wealthy individual stock market investors (calculated based on 5% dividend yield, for example, a rough portfolio worth over RM 2 million)
For example, in the worst-case scenario,
Portfolio RM 2 million
If you were to buy all dividend-paying stocks,
Dividend yield rate is 5%
Dividend received = RM 100,000
Dividend tax = RM 2,000
Net dividend = RM 98,000
Net dividend yield = 4.9%
The actual impact on dividend return rate is 0.1%
But don't underestimate this 0.1%,
The larger the investment amount, the more taxes to be paid.
From a different perspective,
If you happen to be subject to dividend tax deduction,
It's actually a kind of 'achievement unlocked',
Representing a wealthy individual,
Haha
By the way,
GST hits everyone with one blow;
For those who understand, they understand 🥵
Addition:
Investments from EPF, PNB,
as well as dividend income obtained from foreign sources,
are all exempted.
To be clarified:
Calculating the starting point of tax surcharge,
Tax of 2% is only imposed after exceeding RM 100,000.
Or is the full amount taxed at 2%?
(Example: dividend income RM150,000
tax 2% is on RM 50,000 (after RM 100,000)
Or is it on the entire RM 150,000)?
If there are tax experts, please leave a message.
worried that dividend stocks will decline because of this tax,
Although Anhua has not finished talking,
But for now, based on my understanding,
Summarized in one chart,
If there are any mistakes, they will be corrected later.
Conclusion:
This #dividendtax,
To put it bluntly, it's a tax on the wealthy (at the individual level, the more profit is made, the more tax is deducted, regardless of whether the company is listed or not, it seems not specifically targeting the stock market, but rather most business shareholders).
Also, tax on relatively wealthy individual stock market investors (calculated based on 5% dividend yield, for example, a rough portfolio worth over RM 2 million)
For example, in the worst-case scenario,
Portfolio RM 2 million
If you were to buy all dividend-paying stocks,
Dividend yield rate is 5%
Dividend received = RM 100,000
Dividend tax = RM 2,000
Net dividend = RM 98,000
Net dividend yield = 4.9%
The actual impact on dividend return rate is 0.1%
But don't underestimate this 0.1%,
The larger the investment amount, the more taxes to be paid.
From a different perspective,
If you happen to be subject to dividend tax deduction,
It's actually a kind of 'achievement unlocked',
Representing a wealthy individual,
Haha
By the way,
GST hits everyone with one blow;
For those who understand, they understand 🥵
Addition:
Investments from EPF, PNB,
as well as dividend income obtained from foreign sources,
are all exempted.
To be clarified:
Calculating the starting point of tax surcharge,
Tax of 2% is only imposed after exceeding RM 100,000.
Or is the full amount taxed at 2%?
(Example: dividend income RM150,000
tax 2% is on RM 50,000 (after RM 100,000)
Or is it on the entire RM 150,000)?
If there are tax experts, please leave a message.
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