Friday, January 02, 2015

PUBLIC RULING 9/2014 : PRIVATE RETIREMENT FUND


The IRBM has on 24 December 2014 issued Public Ruling (PR) 9/2014 : Private Retirement Fund.

The objective of this PR is to clarify the tax treatment of private retirement scheme (PRS) contributions by an individual and the employer and income of the PRS fund.
 
 
Source: IRB website