QUOTE(kuli2sahaja @ Dec 30 2017, 12:29 AM)
Google money laundering.
Its not money laundering lol. Imagine if yourself profit 100k from trade, how u gonna take outBitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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 Dec 30 2017, 01:06 AM
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#121
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Junior Member
288 posts Joined: Dec 2008 
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Dec 30 2017, 01:22 AM
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#122
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QUOTE(NowhereToNowHere @ Dec 30 2017, 01:10 AM) As long as you report that income and pay your taxes, there will be no problem. QUOTE(kuli2sahaja @ Dec 30 2017, 01:12 AM) It is money laundering according to your question, you stated not to be suspected by BNM. Meaning tax evasion Soz cause there isnt tax for crypto asset at the moment right afaik? How would eveyone here pay their tax if so?This post has been edited by wiisg: Dec 30 2017, 01:23 AM |
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Jan 29 2018, 01:18 PM
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QUOTE(Secruoser @ Jan 29 2018, 01:10 PM) It's referring to cryptocurrency business, not individual investors. That means Luno is taxable, not us. How would bnm gonna see this if we wanna buy car with cash using our gain? would they accept the fact that the money was from crypto? enlighten me if anyone has similar experience..  This post has been edited by wiisg: Jan 29 2018, 01:19 PM |
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Jan 29 2018, 01:24 PM
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QUOTE(Andrew Lim @ Jan 29 2018, 01:22 PM) Brand new or 2nd hand? If 2nd hand cash there's no paperwork except for transfer of ownership, insurance and road tax. hah brand new!If you buy brand new off the showroom then there's the possibility of auditing. |
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Jan 29 2018, 02:38 PM
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No tax please. It's capitalll gainnn TT
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Jan 29 2018, 05:19 PM
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#126
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QUOTE(charlescheesepie @ Jan 29 2018, 05:18 PM) if we make profit from crypto speculation we need to pay tax , if we make losses will bnm/lhdn/kastam compensate us ? we are bearing the element of risk when speculating. therefore profit from crypto should be termed "WINDFALL" NOT "INCOME". yes pls, they should be treating it like stocks. since stocks are not taxable too, wtf u wanna tax our crypto babies  This post has been edited by wiisg: Jan 29 2018, 05:20 PM |
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