Malaysia Offers Zero Tax for Family Offices in $100 Billion Forest City Development
Malaysia is offering 0% tax rate for family offices to set up shop in its struggling mega-project Forest City, as it looks to revive investor interest in the $100 billion development near its border with Singapore.
Malaysia announces tax breaks, incentives for Johor's Forest City
KUALA LUMPUR (Reuters) -- Malaysia announced on Friday tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings, in a bid to lure investments and spur economic growth in the area.
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