May 2 2023, 09:27 PM
QUOTE(kobis19 @ Jan 4 2022, 06:54 AM)
What if I work from home in Malaysia. But I receive my income on PayPal and in USD. Is it only taxed when I withdraw it into my Malaysian bank account and convert it to MYR? Or is it taxable even before it enters my Maybank account?
U are physically not in US so u are not a tax resident thereU are physically in MY so you pay LHDN.
QUOTE(kobis19 @ Jan 4 2022, 08:00 AM)
Sorry, I don't quite understand.
If you don't want to pay LHDN u need to qualify as a tax resident in another country which has double taxation treaty meaning if u qualify (e.g. SG >183 days in SG per year) and u pay SG IRAS taxes, that already counted as taxed income and you will pay RM0 LHDN, just if u remit say SGD 20k u declare RM60k foreign taxed income to LHDN (so that it is cleared on the MY homefront) and so they won't question u where got suddenly RM60k enter ur local bank acc but yet u declare RM0.QUOTE(vegiee @ May 2 2023, 03:10 PM)
Do you have any updates on the income tax requirements for a Malaysian individual working as a contractor remotely in Malaysia for a US-based company and receiving payment in USD to their Malaysian bank account? 
Do you qualify as a US Tax Resident? No = pay LHDN.
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