This criteria's a little funny though.

They said they will accept any locally sourced income brought in from overseas during the PKPP period without conducting any "audit, investigation and penalty."

Then how would they know if someone decide to bring back locally sourced income parked offshore for YA2021 onwards under this scheme since there won't be any audit/investigation?

By logic, since this scheme will start from 1st of Jan 2022 until 30th of June 2022, shouldn't the criteria be YA2024 onwards instead since any locally sourced income that is brought in from overseas after the date the scheme ends can be easily differentiated & tracked?



This post has been edited by Cyberbullies: Dec 13 2021, 06:33 AM

Which is why I don't understand the YA2021 onwards rule lol.

I don't see how the violation of this rule will not happen given the good faith promise (up to June 2022 of course).

Can you think of any legitimate reason why they included this superfluous rule?

but pretty sure this is kind of a honeypot thing - if you enroll into this programme, your future transfers would probably be scrutinised more heavily lol

This post has been edited by Cyberbullies: Dec 13 2021, 08:22 PM