TOSThank you for correcting my understanding.
TOS and
RamjadeI do not have any intention to claim the tax refund against the losses in investment.
My point is that we can remit the money back to Malaysia without being taxed, as long as we can prove that the money is either our original investment capital, or due to capital gain.
As such, to show that the money is our original investment capital, we need to show that the money we remit back is either smaller than, or same as the money that we previously transferred out, by showing the receipts from Sunway Money, Wise, Instarem, or any other legitimate online money remittance provider.
On the other hand, to prove that the money is due to capital gain, we need to show that the trade confirmation receipts from the brokerage, for buy and sell transactions.
For sure, in real life, it is not straight forward to prove that the money is either our original investment capital, or due to capital gain. Anyhow, this should be the concept.
OMG .. thats a lot of paperwork! my investment started more than 10 yrs ago..