Do I need to declare and pay tax on the interest or profit payments I receive on the BR Capital platform?

Announcements

Latest updates from Bursa Assist.

No Current Announcements

There are no current announcements right now. Please check back later for updates.

Interest (for conventional Investment Notes) or profit (for Islamic Investment Notes) received by Investors is considered taxable income (“IN Income”).

For Malaysian tax residents: Investors are responsible for declaring and paying the applicable tax on their IN Income.
For non-Malaysian tax residents: Investors are subject to a 15% withholding tax on their IN Income. This amount will be automatically deducted from the interest or profit payments before they are credited to the Investor’s BR Capital wallet.

Announcements

No Current Announcements

Do I need to declare and pay tax on the interest or profit payments I receive on the BR Capital platform?

For Malaysian tax residents: Investors are responsible for declaring and paying the applicable tax on their IN Income.

For non-Malaysian tax residents: Investors are subject to a 15% withholding tax on their IN Income. This amount will be automatically deducted from the interest or profit payments before they are credited to the Investor’s BR Capital wallet.

Announcements

No Current Announcements

For Malaysian tax residents: Investors are responsible for declaring and paying the applicable tax on their IN Income.

For non-Malaysian tax residents: Investors are subject to a 15% withholding tax on their IN Income. This amount will be automatically deducted from the interest or profit payments before they are credited to the Investor’s BR Capital wallet.

Related articles