We know our currency has depreciated like sxxx against the SGD. There will be realised forex gain is the money was sent back to Msia. Is this taxable?
Income Tax on Foreign Salary Income?, Work in Home in Malaysia.
Income Tax on Foreign Salary Income?, Work in Home in Malaysia.
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Nov 13 2021, 09:42 PM
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Junior Member
190 posts Joined: Oct 2005 |
We know our currency has depreciated like sxxx against the SGD. There will be realised forex gain is the money was sent back to Msia. Is this taxable?
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Nov 13 2021, 11:02 PM
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#2
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Junior Member
190 posts Joined: Oct 2005 |
QUOTE(TOS @ Nov 13 2021, 10:47 PM) Pubic hair also dropping. IMHO the biggest problem is having the records to prove to IRB that gains are not income but capital in nature. The headache may be too much might as well start remitting before 1/1/22 nanti health suffer kena worse than tax, stress not good for health man |
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