Malaysia's Budget for 2025 was delivered on 18 October 2024. Some of the main measures as explained in the tax measures document include: The introduction of a 2% dividend tax on annual chargeable dividend income of individuals exceeding MYR 100,000 from the year of assessment 2025, with several exemptions, including: dividend income from abroad; dividend income distributed from the profits of companies that received pioneer status and reinvestment allowances; dividend income paid, credited, or distributed from the profits of shipping companies that is exempted from tax; dividend income distributed by cooperatives; dividend income declared by closed-end funds; dividend income received...