Not the right time to impose CGT on disposal of shares, says Lim | TheStarTV.com

Not the right time to impose CGT on disposal of shares, says Lim

Published on 3 Apr 2024 11:18:54 PM

The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, said Lim Hui Ying.

The Deputy Finance Minister said when winding up the debate on the Income Tax Bill (Amendment) 2024 in the Dewan Negara on Wednesday (April 3) that the approach is taken to ensure that the local stock exchange can continue to be competitive.

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Keywords
dewan negara , income tax bill amendment 2024 , labuan business activity tax bill amendment 2024 , lim hui ying, government, news, deputy finance minister, capital gains tax, cgt, dominic lau

The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, said Lim Hui Ying.

The Deputy Finance Minister said when winding up the debate on the Income Tax Bill (Amendment) 2024 in the Dewan Negara on Wednesday (April 3) that the approach is taken to ensure that the local stock exchange can continue to be competitive.

Read more at https://tinyurl.com/4zc3kuzs

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
dewan negara , income tax bill amendment 2024 , labuan business activity tax bill amendment 2024 , lim hui ying, government, news, deputy finance minister, capital gains tax, cgt, dominic lau

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