Investment Fund Tax Rates Effective from 02/05/2024

Withholding Tax Rates for Investment Funds Updated!

Withholding tax rate for investment funds acquired and held between December 23, 2020 and April 30, 2024: 0% (Withholding tax rate is 10% for Variable, Mixed, and Free Funds, and investment funds with the word 'Foreign Currency' in their title.)

Withholding tax rate for investment funds acquired and held between May 1, 2024 and October 31, 2024: 7.5% (Withholding tax rate is 10% for Variable, Mixed, and Free Funds, and investment funds with the word 'Foreign Currency' in their title.)

Withholding tax rate for investment funds acquired and held between November 1, 2024 and January 31, 2025: 10%

Withholding tax rate for investment funds acquired and held between February 1, 2025 and July 8, 2025: 15%

The withholding tax rate for investment funds purchased on or after July 9, 2025, has been updated to 17.5%.

For corporate clients (capital companies), a 0% withholding tax applies.

Equity-intensive funds also have a 0% withholding tax.