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 [WTA] Who is Lau Li Kung?, The most luckiest Malaysian on earth

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tohff7
post Dec 2 2020, 02:36 PM

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isn't the whole purpose of lucky draw supposed to be lucky? haha

I'm sure there's T&C that should prevent 'gaming the system' or 'illegal manufacturing entries' right
tohff7
post Dec 2 2020, 03:17 PM

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QUOTE(Pulltea88 @ Dec 2 2020, 03:10 PM)
Seem these people could be kedai pemborong, everything buy in hundred of thousands RM, then ask staff submit thousands of entries. Most contest reward highest spending. So their chance winning damn high.
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Could be wholesalers that get stocks from Peninsular Malaysia to sell in EM

But normally business partners are excluded from contest/lucky draw mah. So their organisation might not be the "official wholesaler or distributor"
tohff7
post Dec 4 2020, 01:57 AM

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QUOTE(NightFelix @ Dec 4 2020, 01:23 AM)
In my point of view.

Prizes is not taxable. (but /k said if people sell the prize from contest, it is taxable - need source/citation - no solid evidence yet)

Using other people receipt is it legal? (technically, there is no wrong that you get the receipt from other people, how you get it is the interesting part).
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Malaysia income tax law not sure la

But the normal question is - Is the prizes won by Mr Lau an 'income' to him? If it is, then it's taxable lor

Some more, after he won those prizes, I doubt he keeps those cars for own use. He sure end up selling them right?

He sells so many cars and get the income money is not taxable? Tell that to IRB.

 

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