We all don't like to pay tax, especially for those who are working under a company. The higher they earn, the higher tax basket they are in and the more tax they have to pay. If you are living in Singapore or in Malaysia, there are few ways you can "do your own business" while not paying any tax, which is through shares investment.
If we do not talk about the dividend which is also taxed by SG/MY government, all the capital gain tax through shares investment is not required to be paid. This is actually a great advantage to an investor in Malaysia/Singapore as a lot of other foreign country actually impose the capital gain tax.
Hence, we must grab this opportunity to investment in shares. I believe that the investor who treats shares investment as same as doing a business will eventually benefit from holding the investment in long term. The reason is due to the growth of business for company he invests in.
Just open an account and start investing in shares now and gain without paying any capital gain tax.
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Very efficiently written post. It will be valuable to everyone who uses it, as well as myself. Keep doing what you are doing – looking forward to more posts.
ReplyDeleteshare market
Thank you for your comment. I will try to write more regularly.
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