Unit Trust Taxation

In accordance with Section 57 of the Inland Revenue Act No. 24 of 2017, Unit Trusts conducting eligible investment business (as defined in Section 195) are deemed pass-through investment agents. Consequently, the unit holders are liable to tax on the income derived from the Unit Trust.

The applicable tax rates may vary depending on individual or corporate tax brackets and specific tax treatments.

Accordingly, please consult your tax advisor to understand your specific tax obligations.