Ata Plus

Are two investors with a family relationship invested in the same investee company via ECF platform eligible for the ECF tax exemption?

Written by

Ata Plus Team

Last updated on

June 24, 2024

Yes, the two investors are eligible to apply for the ECF tax exemption, provided they do not have a family relationship with the investee company in which they are investing. More information on family relationships can be found under paragraph 5 of the Income Tax (Exemption) (No. 4) Order 2022 [P.U.(A) 142] (“Tax Exemption Order”). For more information, please refer here.

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