马来西亚发布混合金融工具税务处理指南

2024-07-16 15:50:32 · 泛税咨询 · UDF译

马来西亚内陆税收局（IRBM）于2024年6月29日发布了《混合工具税收处理指南》。指导方针包括：

混合工具的关键特征以及在确定混合工具是否被归类为股权或债务以进行税务时考虑的因素；和

与混合工具持有人和发行人的混合工具分配或利润相关的税务处理。

具体的税务处理在指南中概述如下：

————————————————————————————————

6.税务处理

6.1. 股权工具的税务处理

6.1.1. 如果出于所得税目的，混合工具被归类为股权，则该工具产生的任何付款都被视为利润分配。股息可以发放给股东，而其他形式的分配则留给非股东。

6.1.2. 工具持有人：

根据1967年《所得税法》（ITA）附表6第12B款，从马来西亚居民公司收到的股息免税。

2022年1月1日至2026年12月31日在马来西亚收到的外国股息收入可能符合2022年12月29日发布的《所得税（豁免）令》（第6号）2022 U.（A）235/2022]和《海外收入税收处理指南》（修正案）的免税条件。

房地产投资信托基金发行的工具的分配应根据单位持有人的活动征税。

在所有其他情况下，金融工具应按照马来西亚现行的相关税收待遇征税，并且没有特别豁免。

6.1.3. 票据发行人：

根据《所得税法》第33（1）条或马来西亚任何税法的其他类似规定，发行人就票据支付的任何款项均不允许扣除。

6.2. 债务工具的税务处理

6.2.1. 如果出于所得税目的，混合工具被归类为债务，则该工具产生的任何付款都被视为利息。这包括根据ITA第2（7）款从具有债务特征的伊斯兰工具中获得的利润。

6.2.2. 工具持有人：

除非获得免税，否则根据马来西亚现行的相关税收待遇，票据持有人收到的票据利息应纳税，包括但不限于：

马来西亚证券委员会批准的以林吉特计价的伊斯兰债券（可转换贷款股票除外）的非居民公司（ITA附表6第33A段）。

任何源自马来西亚（可转换贷款股票除外）并经马来西亚证券委员会或纳闽金融服务管理局批准的非林吉特伊斯兰债券的人（ITA附表6第33B段）。

与债券或伊斯兰债券有关的任何个人、单位信托和上市封闭式基金，马来西亚证券委员会批准的可转换贷款股票除外（ITA附表6第35段）。

6.2.3. 票据发行人：

根据以下规定，允许扣除与该票据有关的任何应付款项：

ITA第33（1）条，并受ITA第三十三（2）条和ITA其他规定的限制；或

第6.2.3（a）款中涉及马来西亚任何税法的类似规定。

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.

税

马来西亚

金融工具

伊斯兰债券

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马来西亚发布混合金融工具税务处理指南

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马来西亚内陆税收局（IRBM）于2024年6月29日发布了《混合工具税收处理指南》。指导方针包括：

混合工具的关键特征以及在确定混合工具是否被归类为股权或债务以进行税务时考虑的因素；和

与混合工具持有人和发行人的混合工具分配或利润相关的税务处理。

具体的税务处理在指南中概述如下：

————————————————————————————————

6.税务处理

6.1. 股权工具的税务处理

6.1.2. 工具持有人：

根据1967年《所得税法》（ITA）附表6第12B款，从马来西亚居民公司收到的股息免税。

房地产投资信托基金发行的工具的分配应根据单位持有人的活动征税。

在所有其他情况下，金融工具应按照马来西亚现行的相关税收待遇征税，并且没有特别豁免。

6.1.3. 票据发行人：

根据《所得税法》第33（1）条或马来西亚任何税法的其他类似规定，发行人就票据支付的任何款项均不允许扣除。

6.2. 债务工具的税务处理

6.2.2. 工具持有人：

除非获得免税，否则根据马来西亚现行的相关税收待遇，票据持有人收到的票据利息应纳税，包括但不限于：

马来西亚证券委员会批准的以林吉特计价的伊斯兰债券（可转换贷款股票除外）的非居民公司（ITA附表6第33A段）。

任何源自马来西亚（可转换贷款股票除外）并经马来西亚证券委员会或纳闽金融服务管理局批准的非林吉特伊斯兰债券的人（ITA附表6第33B段）。

与债券或伊斯兰债券有关的任何个人、单位信托和上市封闭式基金，马来西亚证券委员会批准的可转换贷款股票除外（ITA附表6第35段）。

6.2.3. 票据发行人：

根据以下规定，允许扣除与该票据有关的任何应付款项：

ITA第33（1）条，并受ITA第三十三（2）条和ITA其他规定的限制；或

第6.2.3（a）款中涉及马来西亚任何税法的类似规定。

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.

税

马来西亚

金融工具

伊斯兰债券