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Latest Notice » Transaction Costs in Trading of Shares - Stamp Duty & Service Tax
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Transaction Costs in Trading of Shares - Stamp Duty & Service Tax
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Dear CGS-CIMB iTrade customers, |
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Please be informed of the following update which will take effect from 1 January 2022 with regard to trading of shares listed on Bursa Malaysia. |
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1) The Stamp Duty Fee and Capping Amount per contract will now vary depending on the type of securities traded2 |
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Type of Securities |
Stamp Duty (%)1 |
Capping (RM) |
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Underlying Shares (aka mother shares) |
0.15% |
1,000 |
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Preference Shares |
0.15% |
1,000 |
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Loan Stocks |
0.15% |
1,000 |
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Exchange Traded Bond |
0.15% |
1,000 |
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Rights |
0.10% |
200 |
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Warrants |
0.10% |
200 |
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REIT / TRUST and Closed Ended Fund |
0.10% |
200 |
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Exchanged Traded Fund (ETF) |
Exempted |
Not Applicable |
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2) Exemption of Service Tax (6%) on brokerage fee related to trading of shares listed on Bursa Malaysia3 |
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Reference |
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1 RM1.50 or RM1.00 for every RM1,000.00 (or fractional part) of the transaction value of any shares or stocks |
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2 Reference is made to Bursa Malaysia’s Participating Organisations’ Circular No. G37 of 2021 |
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3 With reference to Minister of Finance Budget Speech 2022, the Service Tax exemption on brokerage service is only applicable to trading of shares listed on Bursa Malaysia) |
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For more information, you may visit Bursa Malaysia’s website. Click here. |
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If you have further enquiries, please contact your Dealer’s Representative. Alternatively, you may contact or email our Customer Service. Click here for the contact details. |
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Yours sincerely, |
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CGS-CIMB Securities Sdn Bhd (197901004504) (48703-W) |
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(A Participating Organisation of Bursa Malaysia Securities Berhad) |
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