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Currently, there is no estate duty in Malaysia. However, tax liabilities are still a major concern because the Income Tax Act’s Section 74(5) requires the will executor to first ensure that there is no outstanding taxes before distributing the assets left behind by the deceased. Under the same law’s Section 106, the Inland Revenue Board has the right to sue the will executor to collect the taxes owed, if the latter fails to clear off the outstanding tax when the deceased has left behind assets.

PART and parcel of good and holistic financial plan means accounting for the possibility of your own and your spouse’s demise.

However, most people don’t like talking about this part of their wealth planning. Firstly, it is difficult to predict what may or may not happen in the future, and on top of that the topic isn’t exactly all roses and sunshine.

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tài xỉu bóng đá:VCCI đề xuất miễn giảm hoàn toàn thuế tiêu thụ đặc biệt với xăng
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  1. 且爱n
    且爱n
    (2022-10-29 00:16:18) 1#

    自2016年3月8日在泰国确立首个“鲁班工坊”起,到2020年11月13日马来西亚“鲁班工坊”正式揭牌确立,我国已在全球17个国家建成了18个“鲁班工坊”。“鲁班工坊”既是一种中外相助办学的新模式,也是对外教育援助的新方式。很强!

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