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 No inheritence and gift tax in Malaysia?, Tax free for assets transfer to child?

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davinz18
post May 22 2014, 05:36 PM

начинаещ
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From: Sin City



QUOTE(Denise_D @ May 22 2014, 05:09 PM)
hi all..

how about if inherit prop & cash from parent and later give large sum money back to parent in the form of (cash, transfer to their account) would parent will will subject to tax?

any idea anyone?
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don't think got any tax. Only the bank would ask parents why got "big" amount transfer into their account, where the source of income etc.. last time it's 50k, but now I heard 20k also can create suspicious to the bank if involved personal saving account hmm.gif

 

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