http://www.thestar.com.my/news/nation/2012...e-to-be-taxing/
nearest answer so far. capital gain? think again if you are doing this for a living.
[WTA] Taxable income from Forex trading?
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 May 16 2017, 09:42 AM
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5,469 posts Joined: Jun 2008 
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Mar 22 2018, 04:19 PM
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QUOTE(Singh_Kalan @ Mar 22 2018, 04:10 PM) I didnt know forex can make steady income. What about gambling ? I don't see any different between this two. At least gambling is legal (at certain outlet), forex trading is consider illegal in msia. gambling is consider as wind fall, and wind fall in malaysia is not taxable. about FOREX trading, it is illegal in malaysia. you trade it overseas, make a living out of it... theres no case law, no ppl can be 100% sure on this. just like the crypto recently, people make millions out of it but LHDN saw, want to tax it, but dont know how to tax it, and now thinking how to tax in within income tax act. |
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