Yeah,... same happening to me too,... in the documents sent to you, they asked fro your Tax Fine Number too, right ? Actually, we do not have to reveal this, especially if Msia has chosen not to sign anything with SG.

I am still wondering how does revealing our Tax File Number affect us ? LHDN does not tax on foreign investment income - this is for sure.

Give me a few days to answer on the tax residency letter,.. I'm waiting for some things to arrive to help me get a clearer picture.

Don't answer - what happens ? Do they chase/pursue ?

Answer partially - what happens ?

Answer completely - what happens ?

There is NO agreement between Msia and SG.

One country - if you don't answer some questions pertaining to tax residency, the platform freezes. Can't place orders until you answer,.... just recalled this.

Maybe should start a new thread to discuss this topic - this is going to be a hot thing soon,....

Legally, I look at it from the other end of the string - since Msia does not tax on overseas income, then no need to give, right ? I'm still studying the OECD Rules. Why Mia never signed with Singapore ??

Never signed but wanted to know ?? Then can do 'selective targetting' ?

Then not fair-lar,...

Catch all the 1MDB elements first,... then we will give,....

Ahh,... tq,... one feedback here. I asked my bank to write to me officially of any repercussion but they said they can't yet,... hmm,... let's see now things develop. Actually,... if really LHDN wants to chk, just the name and IC Number are enough, right ? No need the OG Number anymore-lar,...

The boundary lies between,... in the impasse of tax authorities inter-countries in the OECD,...

Actually, if never signed, should not ask for the information,... and if gotten people's information, should not share with 'unsigned' countries. Rules in the OECD !

I think the SG Govt will be professional in this matter, since Malaysia never signed with them.

4) is partially right !

Yeah,... in a way, it's boh song, but not really to show who is in-charge, more like to fight for my rights, and to fight for the rights of others who feel the same,.... Again, I reiterate, since Msia did NOT sign the tax information exchange with SG, why must Msia tax-residents reveal all these ?

Unless,... wait a minute, if IRAS declares that it is within their laws to collect and then do safe-keeping on these infos here BUT will NOT be revealed to LHDN if Msia has not signed, then I will relent - that's right !

Whatever, it is,... if Msia is in the OECD, must sign-lar,... how can don't want to sign,... if Msia does not want to sign, then there is something to hide already somewhere,...

Countries that signed and have not signed and the dates,... :http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency

Income being questionable or not is analysed from the declared statements to the tax authorities. I have always declared my statements properly,... but still, this does not deter me from fighting for my rights if,... let me think how to put it,... hmm,..

Added : I heard first exchange of information between tax jurisdictions in the world has started in September this year. Countries with which Msia has signed with is beginning to send-in emails of details of Msian nationalities in other countries besides Msia, who have assets there. I don't have further details like what the cutoff amount is, etc,.... Just fyi,... bros,....

This post has been edited by Hansel: Nov 13 2017, 01:10 PM

Errmm,... no,... If you look closely, the RM strengthened vs the SGD, AUD and JPY too,.... hence, the RM is strengthening too.

Yes, I would still say try to open account in SG. Now is the perfect time to convert over,....In fact, if have opened earlier,... it would have been even better,....

SGD strengthens faster than the Thai Bhat,... Banking system more flexible in SG, and today, USD clearing can be done in SG,... can move USD around like SGD,...

Yeah,... agreed with Showtime,... maybe not so suitable to talk abt PB here in this thread,... must try to talk about ways to open a normal acct in an SG bank here,...

Actually,... this statement is not truely accurate,... sorry,... to me,...it's okay if MYR depreciated against ANY CURRENCY of the world, PROVIDED the cost of goods and services in the country DID NOT INCREASE. Right ?

My family is in Australia, now the AUD weakens vs the RM and SGD, BUT the price of goods and services in Australia now did not increase !! So, no issue, right ?

I'ma private banking client myself,... in a few banks. Actually, except for one bank, most of the private banking services can't really help us invest effectively. I can do better in investments than most of them,... at least till now,... since 2005....

I think no need to put into private banking-lar,... just follow this forum,... talk to people nicely,... read the right materials, can do better,....

As above,....tq bro Iceman,...

Only Sydney has slowed down,... Melbourne is still holding,... other capital cities are still rising,.... But I'd think movement of property prices here are more because of speculation and demand by home-owners,... not really affected by the AUD,....

Must filter a bit the advice too,... some infos may be wrong, unintentionally,... or outdated,...

Actually, even if an RM comes to yr doorstep to open an acct for you,... it's still not that good, because you are then under him/her, being in a nominee account,... I would prefer to be a direct owner of my holdings, with my own CDP Account Number. Then I will control my own fate,....

You are just not creative enough !!!!!!

Bro,... don't bother being one,.. save your time and start learning how to invest by yourself,... unless, of course, you like that young lady approaching you,...