Income Tax on Foreign Salary Income?, Work in Home in Malaysia.
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  May 2 2023, 03:10 PM
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#1
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Junior Member
37 posts Joined: Feb 2022 
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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?
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May 2 2023, 08:12 PM
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#2
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Junior Member
37 posts Joined: Feb 2022
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QUOTE(dwRK @ May 2 2023, 07:12 PM) he stays in Malaysia... works in Malaysia... he pays Malaysian tax... this is not only Malaysian law... but follows international law... he can keep usd overseas... but he must file Malaysian income tax... how much is withholding tax if so?irs will only take his withholding tax... please dun send him holand... hahaha....  |
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May 2 2023, 08:18 PM
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#3
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Junior Member
37 posts Joined: Feb 2022
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QUOTE(dwRK @ May 2 2023, 05:28 PM) yours is locally sourced foreign income... fully taxable... Can I have the source of your information please?if us withholding tax has been paid by the company before sending to your local bank, you can claim unilateral tax credit for it... |
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