Can Tax Incentives Bring Investors To Forest City?
Pankaj C. Kumar, Business Commentator
24-Sep-24 08:45
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The Forest City Special Financial Zone (SFZ) in Johor was launched last Friday and is set to offer a range of investment incentives, including a reduced corporate income tax rate of between 0% and 5%, as well as a 0% tax rate for family wealth offices, which is a first in Malaysia. Are these tax breaks sufficient to accelerate investments in Forest City after a slow start? Business commentator Pankaj C. Kumar weighs in.
Image Credit: Shutterstock.com
Produced by: Natalie Tan
Presented by: Shazana Mokhtar, Keith Kam
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Categories: government, investments, the workplace
Tags: tax rate, forest city, finance, investment,
