MBB Flag me for incoming fund?, ask me reason
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 Nov 1 2018, 02:07 PM
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#1
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Junior Member
697 posts Joined: May 2005  
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QUOTE(BaDKiDz @ Nov 1 2018, 03:00 AM) we are not tax able if we earning out of malaysia rite Not exactly.  Not taxable only if your income is from legit source and u paid the tax(at whatever country u worked at) or able to show the bank that u have been paying the tax at whatever country u worked at. |
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Nov 2 2018, 08:55 AM
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#2
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Junior Member
697 posts Joined: May 2005
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QUOTE(BaDKiDz @ Nov 2 2018, 03:48 AM) ok for example I work in a country that no tax, so I don't pay tax here.. In that case just clarify/declare with the bank and u are done. Standard practice by all banks to seek/clarify the source of deposit/income from all clients as the banks are answerable to Bank Negara.so I transfer back to Malaysia, my source I can prove legit with pay slip.. I wont get taxed by Malaysia rite? since my money I earned is from other country. |
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