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Eason is right. Dividend is not taxable, Malaysia is under a single-tier tax system. Dividends are paid out from profit after tax. If government tax again it is double taxation. UOAREIT distributes 95% of it's income. So UOAREIT does not pay tax. That is why the tax expense is very low % to the income in the P&L. Probably due to other taxes, like cukai tanah, pintu etc. So we need to pay the tax. Refer to section A8 & B17 of the quarter report.
