Are there any limitations on the amount of investments that I can make to qualify for the ECF tax exemption?
You may make multiple investments in different ECF platforms in a year. The exemption shall be:
- An amount equal to 50% of the amount of total investment made by the qualifying individual and shall not exceed fifty thousand ringgit for each year of assessment; and
- Limited to 10% of the aggregate income of the qualifying individual in the basis period for a year of assessment in which the exemption is granted.
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