Review Of Tax Incentive For Equity Crowdfunding

Current Treatment

Individual investors who invest in equity crowdfunding (ECF) are eligible for tax exemption on aggregate income equivalent to 50% of the amount invested.

The tax incentive is for investments made from 1 January 2021 until 31 December 2023.

Budget 2024

The tax incentive be expanded to investment made by individual investor through Limited Liability Partnership nominee company and be extended for a period of 3 years.

Investment made from 1 Jan 2024 until 31 Dec 2026


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