馬來西亞發布混合金融工具稅務處理指南

2024-07-16 15:50:32 · 泛稅咨詢 · UDF譯

馬來西亞內陸稅收局（IRBM）於2024年6月29日發布了《混合工具稅收處理指南》。指導方針包括：

混合工具的關鍵特征以及在確定混合工具是否被歸類為股權或債務以進行稅務時考慮的因素；和

與混合工具持有人和發行人的混合工具分配或利潤相關的稅務處理。

具體的稅務處理在指南中概述如下：

————————————————————————————————

6.稅務處理

6.1. 股權工具的稅務處理

6.1.1. 如果出於所得稅目的，混合工具被歸類為股權，則該工具產生的任何付款都被視為利潤分配。股息可以發放給股東，而其他形式的分配則留給非股東。

6.1.2. 工具持有人：

根據1967年《所得稅法》（ITA）附表6第12B款，從馬來西亞居民公司收到的股息免稅。

2022年1月1日至2026年12月31日在馬來西亞收到的外國股息收入可能符合2022年12月29日發布的《所得稅（豁免）令》（第6號）2022 U.（A）235/2022]和《海外收入稅收處理指南》（修正案）的免稅條件。

房地產投資信托基金發行的工具的分配應根據單位持有人的活動征稅。

在所有其他情況下，金融工具應按照馬來西亞現行的相關稅收待遇征稅，並且沒有特別豁免。

6.1.3. 票據發行人：

根據《所得稅法》第33（1）條或馬來西亞任何稅法的其他類似規定，發行人就票據支付的任何款項均不允許扣除。

6.2. 債務工具的稅務處理

6.2.1. 如果出於所得稅目的，混合工具被歸類為債務，則該工具產生的任何付款都被視為利息。這包括根據ITA第2（7）款從具有債務特征的伊斯蘭工具中獲得的利潤。

6.2.2. 工具持有人：

除非獲得免稅，否則根據馬來西亞現行的相關稅收待遇，票據持有人收到的票據利息應納稅，包括但不限於：

馬來西亞證券委員會批準的以林吉特計價的伊斯蘭債券（可轉換貸款股票除外）的非居民公司（ITA附表6第33A段）。

任何源自馬來西亞（可轉換貸款股票除外）並經馬來西亞證券委員會或納閩金融服務管理局批準的非林吉特伊斯蘭債券的人（ITA附表6第33B段）。

與債券或伊斯蘭債券有關的任何個人、單位信托和上市封閉式基金，馬來西亞證券委員會批準的可轉換貸款股票除外（ITA附表6第35段）。

6.2.3. 票據發行人：

根據以下規定，允許扣除與該票據有關的任何應付款項：

ITA第33（1）條，並受ITA第三十三（2）條和ITA其他規定的限制；或

第6.2.3（a）款中涉及馬來西亞任何稅法的類似規定。

The Inland Revenue Board of Malaysia (IRBM) has issued Guidelines on the Tax Treatment of Hybrid Instruments, dated 29 June 2024. The guidelines cover:

Key features of a hybrid instrument and factors that are taken into consideration in determining whether a hybrid instrument is classified as equity or debt for tax purposes; and
Tax treatment related to the distribution or profit on a hybrid instrument for both the holder and issuer of the instrument.

The specific tax treatment is outlined in the guidelines as follows:

————————————————————————————————

6. TAX TREATMENT

6.1. Tax treatment of equity instrument

6.1.1. If a hybrid instrument has been categorised as equity for income tax purpose, any payment arising from the instrument is treated as profit distributions. Dividends can be issued to shareholders, while other forms of distributions are reserved for non-shareholders.

6.1.2. Instrument holder:

Dividends received from a company resident in Malaysia is tax-exempt under paragraph 12B, Schedule 6 of the Income Tax Act 1967 (ITA).
Foreign dividend income received in Malaysia from 1 January 2022 until 31 December 2026 may qualify for tax exemption under Income Tax (Exemption) Order (No. 6) 2022 U.(A) 235/2022] and Guidelines on Tax Treatment in Relation to Income Received from Abroad (amendment) issued on 29 December 2022.
Distributions on instrument issued by REIT are taxable depending on unit holders' activities.
In all other cases, financial instruments are assessable to tax in accordance with the relevant current tax treatment in Malaysia and provided not specifically exempt.

6.1.3. Instrument issuer:

Any payment made by the issuer in relation to the instrument is not an allowable deduction under subsection 33(1) of ITA or other similar provision of any tax laws in Malaysia.

6.2. Tax treatment of debt instrument

6.2.1. If a hybrid instrument has been categorised as debt for income tax purposes, any payment arising from the instrument is treated as interest. This includes profit from Islamic instrument with debt feature in accordance to subsection 2(7) of ITA.

6.2.2. Instrument holder:

Receipt of interest arising from the instrument is taxable in the hands of the instrument holder in accordance with the relevant current tax treatment in Malaysia unless granted tax exemption, includes but not limited:

non-resident companies for ringgit denominated sukuk (other than convertible loan stock) approved by the Securities Commission Malaysia (paragraph 33A, Schedule 6 of ITA).
any person for non-ringgit sukuk originating in Malaysia (other than convertible loan stock) and approved by the Securities Commission Malaysia or Labuan Financial Services Authority (paragraph 33B, Schedule 6 of ITA).
any individual, unit trust and listed close-end fund in respect of debentures or sukuk, other than convertible loan stock approved by the Securities Commission Malaysia (paragraph 35, Schedule 6 of ITA).

6.2.3. Instrument issuer:

Any sum payable in relation to the instrument is allowed as deduction under:

Subsection 33(1) of ITA and subject to restriction under subsection 33(2) of ITA and other provisions under the ITA; or
similar provisions as stated in paragraph 6.2.3(a) involving any tax laws in Malaysia.

稅

金融工具

馬來西亞

伊斯蘭債券

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馬來西亞發布混合金融工具稅務處理指南

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馬來西亞內陸稅收局（IRBM）於2024年6月29日發布了《混合工具稅收處理指南》。指導方針包括：

混合工具的關鍵特征以及在確定混合工具是否被歸類為股權或債務以進行稅務時考慮的因素；和

與混合工具持有人和發行人的混合工具分配或利潤相關的稅務處理。

具體的稅務處理在指南中概述如下：

————————————————————————————————

6.稅務處理

6.1. 股權工具的稅務處理

6.1.2. 工具持有人：

根據1967年《所得稅法》（ITA）附表6第12B款，從馬來西亞居民公司收到的股息免稅。

房地產投資信托基金發行的工具的分配應根據單位持有人的活動征稅。

在所有其他情況下，金融工具應按照馬來西亞現行的相關稅收待遇征稅，並且沒有特別豁免。

6.1.3. 票據發行人：

根據《所得稅法》第33（1）條或馬來西亞任何稅法的其他類似規定，發行人就票據支付的任何款項均不允許扣除。

6.2. 債務工具的稅務處理

6.2.2. 工具持有人：

除非獲得免稅，否則根據馬來西亞現行的相關稅收待遇，票據持有人收到的票據利息應納稅，包括但不限於：

馬來西亞證券委員會批準的以林吉特計價的伊斯蘭債券（可轉換貸款股票除外）的非居民公司（ITA附表6第33A段）。

任何源自馬來西亞（可轉換貸款股票除外）並經馬來西亞證券委員會或納閩金融服務管理局批準的非林吉特伊斯蘭債券的人（ITA附表6第33B段）。

與債券或伊斯蘭債券有關的任何個人、單位信托和上市封閉式基金，馬來西亞證券委員會批準的可轉換貸款股票除外（ITA附表6第35段）。

6.2.3. 票據發行人：

根據以下規定，允許扣除與該票據有關的任何應付款項：

ITA第33（1）條，並受ITA第三十三（2）條和ITA其他規定的限制；或

第6.2.3（a）款中涉及馬來西亞任何稅法的類似規定。

The Inland Revenue Board of Malaysia (IRBM) has issued Guidelines on the Tax Treatment of Hybrid Instruments, dated 29 June 2024. The guidelines cover:

Key features of a hybrid instrument and factors that are taken into consideration in determining whether a hybrid instrument is classified as equity or debt for tax purposes; and
Tax treatment related to the distribution or profit on a hybrid instrument for both the holder and issuer of the instrument.

The specific tax treatment is outlined in the guidelines as follows:

————————————————————————————————

6. TAX TREATMENT

6.1. Tax treatment of equity instrument

6.1.2. Instrument holder:

Dividends received from a company resident in Malaysia is tax-exempt under paragraph 12B, Schedule 6 of the Income Tax Act 1967 (ITA).
Foreign dividend income received in Malaysia from 1 January 2022 until 31 December 2026 may qualify for tax exemption under Income Tax (Exemption) Order (No. 6) 2022 U.(A) 235/2022] and Guidelines on Tax Treatment in Relation to Income Received from Abroad (amendment) issued on 29 December 2022.
Distributions on instrument issued by REIT are taxable depending on unit holders' activities.
In all other cases, financial instruments are assessable to tax in accordance with the relevant current tax treatment in Malaysia and provided not specifically exempt.

6.1.3. Instrument issuer:

Any payment made by the issuer in relation to the instrument is not an allowable deduction under subsection 33(1) of ITA or other similar provision of any tax laws in Malaysia.

6.2. Tax treatment of debt instrument

6.2.2. Instrument holder:

non-resident companies for ringgit denominated sukuk (other than convertible loan stock) approved by the Securities Commission Malaysia (paragraph 33A, Schedule 6 of ITA).
any person for non-ringgit sukuk originating in Malaysia (other than convertible loan stock) and approved by the Securities Commission Malaysia or Labuan Financial Services Authority (paragraph 33B, Schedule 6 of ITA).
any individual, unit trust and listed close-end fund in respect of debentures or sukuk, other than convertible loan stock approved by the Securities Commission Malaysia (paragraph 35, Schedule 6 of ITA).

6.2.3. Instrument issuer:

Any sum payable in relation to the instrument is allowed as deduction under:

Subsection 33(1) of ITA and subject to restriction under subsection 33(2) of ITA and other provisions under the ITA; or
similar provisions as stated in paragraph 6.2.3(a) involving any tax laws in Malaysia.

稅

金融工具

馬來西亞

伊斯蘭債券