[WTA] Taxable income from Forex trading?
|
|
 Apr 9 2013, 02:55 PM
Return to original view | Post
#1
|
 
Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... 
|
QUOTE(servo @ Apr 9 2013, 02:42 PM) taxable as long as you bring the money to malaysia. or unless you dont declare those amount. Don't know don't pretend know... Simply give wrong info lah! Capital gain tax = 0% tax Foreign derived income = 0% tax This post has been edited by gark: Apr 9 2013, 02:57 PM |
|
|
Apr 9 2013, 06:42 PM
Return to original view | Post
#2
|
|
Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
|
QUOTE(Detektiveconan @ Apr 9 2013, 06:12 PM) Does we have to declare the income gain? No need. Capital tax ( ie profit from trading) is tax free.what if next time the money is use to buy properties and transport? Keep receipts, trading records and invoice for min 7 years to prove your income in case LHDN investigate you. If you cannot proof your income is from trading, then they might back tax you. This post has been edited by gark: Apr 9 2013, 06:43 PM |
| Change to: |  0.0158sec
 0.60
 6 queries
 GZIP Disabled
Time is now: 15th December 2025 - 03:23 AM |
Quote