trollllolol

well i agree this is skill not luck...some ppl dedicated to all these contest..

heck i got friend used to be very active joining quiz in radio station and he won multiple prizes...no biggie

every1 can do it..just that are u willing to sacrifice your time/money/effort

in msia generally ppl are lazy to join all these contest...hence if u are the 5% hardworking contestant...wining probability is high

Instead of just targetting Lau Li Kung, this tered should list out all the other frequent winners or professional contesters cos it seems like not just Lau alone doing this. I don't think they win cause of same event management company, takkan the company so noob keep using same winner name

Hint. lucky draw prize is not taxable la.

PBB has since changed the Gov spending campaign to top 10th, 15th and 20th after what happen to Soh families and hopefully more organisers can get rid of this type of "top spenders" sapu all the prizes from genuine spenders...


what is this about?

Name of the 'Soh'?

Zizie menang lagi Honda motor (3rd from left front row)

Lau Li Kung menang mini cube cooler (4th from left)



https://www.theborneopost.com/2018/09/26/fy...-coca-cola-win/

If u tell me u strike lottery first prize one time then i believe is luck, strike 3 times within a year? Must be god liao

U pigi google search and see how many prizes she won, i guess his luck sibeh good. Might as well beli 4d and strike big.

Maybe its time for me to publish a book and all of you really need to buy it. lol.

Winnings no need pay tax right by right? However I do heard there's a provision in tax law that if LHDN can see you're making a living by winning contest, the prizes will be considered a taxable income.

lucky draw is taxable?

what if u use it for a while.. like drive a car for 1km then sell it.. its not new anymore so still taxable? if he can find loop hole to game the system then surely gaming the tax system is easy for him right

The prize already taxed by LHDN before it giving out like prize.

Where is the terms not resellable?

I read from old thread here.
Sos: https://forum.lowyat.net/topic/1684558/

no need they know the car is a prize ... msia no tax on prizes one

I would submit an enquiry to LHDN regarding prize winning of mr lau, and hopefully they will reply soon

Lulz nobody teach him to keep low profile lol

Now he is gonna be in shitty situation soon

he explained this waaaay back in 2010 unless the income tax law has changed it should remain the same.
https://forum.lowyat.net/topic/1684558/all

QUOTE(zenwell @ Dec 20 2010, 06:01 PM)
I've seen many contest that offers cars and even house as the grand prize and ppl actually won it. My question is do they need to pay tax on the prize?

Say a person win a car worth rm100k, does the person get taxed according to the value of the car?

How about if the person sold off the car and take the money, will it be taxed?
*
Income Tax taxes on income.

To qualify as income the receivables must satisfy two conditions: It must be a periodic/regular, it must come in from a defined source.

Your above scenario of receivables does not satisfy the first condition, hence it is not defined as income.

Not taxable.

Xuzen

Car you buy in 100k sell 60k

No tax

You buy antique car, 100k

10 years later sale 300k
Profit is taxable