The introduction of a 2% dividend tax, as announced in the 2025 Budget proposal, breaks the long-standing tradition of dividends being tax-exempt for individual shareholders. Starting from 1 January 2025, individual shareholders with annual dividend income exceeding RM100,000 will be subject to this new tax, catching many off guard. For high-income earners, this not only… Continue reading Budget 2025: Introduction of 2% Dividend Tax