|







- resident individual would suffer withholding tax at the rate of 5% on gross
interest income from deposits with licensed banks and finance companies.

 |



 !"#$!%& !'
-this exemption order applies specifically to individuals only.

 |



 !"#$!(& !'
-individuals who invest in the Islamic banking scheme would be accorded
exemption on its gains or profits.

 |
%


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-individuals who invest in Bank Kerjasama Rakyat Malaysia Berhad and
derive interest,gains or profits of nature would be exempted from income tax.

 |
!


 "#$((& '
-individuals who invest in Islamic banking scheme offered by Bank Simpanan
Nasional of nature would be exempted from income tax.


*

+,-



-interest paid or credited to any person in respect of any savings certificates
issued by the Government would be exempted.


.

*

-Islamic savings scheme prohibits the payment of interest to depositors. It
instead shares the profits in terms of dividend income to the depositors.
/0



+,
.
 12
  /2
-any person receiving interest in respect of bonds and securities issued by
Pengurusan Danaharta Nasional Bhd within and outside Malaysia will be
exempted from tax.
3

+
++,

4|51$6
-individuals, units or company receiving interest derived from non-convertible loan stocks
paid by listed company Malaysian Exchange of Securities Dealing and Automated Quotation
Bhd (MESDAQ) is exempted from tax.
4


7 /8$%+
9
8$
-interest to any individual in respect of Merdeka Bond issued by the Bank
Negara Malaysia (BNM) will be tax-exempt. BNM will issue the guideline
pertaining to Merdeka Bond such as a acquirer must be at least 55 years old.
3


,"
$:52!'
3exempted on interest received / credited from securities issued by the
Government and non-convertible Islamic Securities or debenture issued in
Ringgit Malaysia and approved by Securities Commission. 3




:52 !
-interest income credited by banks, finance or any institution approved by
the Minister to non-resident is tax-exempt provided such non-resident does
not have a place of business in Malaysia.
.;
./7/

2
-with effect from YA2006, the Minister approved Hong Leong Islamic Bank
Bhd as an approved institution. Non-resident depositors deriving interest
income from Hong Leong Islamic Bank Bhd is exempt.
$ /7/

2
-with effect from YA2006, the Minister provided AmIslamic Bank Bhd as
an approved institution. Non-resident depositors deriving interest income
from AmIslamic Bank Bhd is tax-exempt.
5



/:52 !8$<

-interest paid or credited to any person in respect of non-convertible Islamic
Securities originating from Malaysia :
(a)issued in non Ringgit; and
(b)approved by the Securities Commission or the Labuan
Offshore Financial Services Authority, will be tax-exempt.