QUOTE(Skyfer @ Sep 17 2016, 09:23 AM)
I don't know. There are several, please correct me:
> Not US citizen, so not eligible to pay US tax.
> Service done internationally, i.e. customer in US but service in Malaysia, so international tax? or tax to both countries?
I have a lot more questions, but don't know the proper channel to ask.
Your income should be taxed in the US.
It would not be taxed here since it would fall under double taxation.
Usually income derived from overseas are deemed under their tax laws.
QUOTE(subaiku @ Sep 19 2016, 12:20 PM)
Oh sh*t!
ok, thanks for the reply chiahau. So far haven't gotten the "Lawatan Meja Audit" yet.
Then nothing to worry.
If you have company secretary or auditors or tax agents, usually they will sort it out for you ( For a fee, of course )
QUOTE(aaron4d @ Sep 19 2016, 02:47 PM)
Hi guys,
Need some help to figure this out. I work from home for an overseas company since February 2015. Company does not deduct tax nor EPF since it is not based here and I am working for them on a contractor basis. Monthly income is around RM 9,000. I have not registered for sole proprietorship neither am I tax registered.
I never thought of it much at the time but now that I need to get a car loan i'm in a bit of a pickle. I do not mind registering and paying income tax but I would like to know what the procedure is like now since I have not declared my income for the previous tax year. Do I go ahead and register as sole proprietor but only include income earned from the date of formation or do I include income before that as well?
Please let me know if guys have suggestions/advice.
The company is not incorporated in M'sia? Meaning you obtained payment via wire transfer monthly right?
If you set up a sole prop, you should be declaring income from the start of your business commencement.
But IRB may come after your previously undeclared income for previous year. That's usually depending on your luck and so forth.
Aug 17 2016, 02:05 PM
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