Mar 9 2018, 10:16 AM
QUOTE(cherroy @ Mar 9 2018, 10:01 AM)
The answer is yes.
As you derived the income in Malaysia, whether the salary is paid in Sg and in Sgd, doesn't change the status that the income is derived in Malaysia, hence the salary paid in Sgd is taxable.
For sure, there is no restriction is bring in or out money.
But if you are not declaring the income of Sg salary, then you will have hard time to explain the authorities.
The general rule is pay tax to the country where you're hired. You can be deployed to another country for work and be taxed depending on the tax policies of the country you are working in. Some require, meaning double tax.As you derived the income in Malaysia, whether the salary is paid in Sg and in Sgd, doesn't change the status that the income is derived in Malaysia, hence the salary paid in Sgd is taxable.
For sure, there is no restriction is bring in or out money.
But if you are not declaring the income of Sg salary, then you will have hard time to explain the authorities.
For MY, IRB would not tax on foreign income
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