U form a company in Singapore to enjoy the 17% corporate tax? If u use personal name then how u derive as yourself as Singapore tax resident?

Your word seem confusing me.

I think u get it wrong, if an American expat come to KL and work full time, he need to pay tax to LHDN, not US.

if we're talking about mining, yes i agree.

as far as i know for singapore, airdrop and hardfork coin is exempted from tax. not sure about lhdn msia part on their definition.

also, yield-farming topic yet to be decided either park under the definition of mining or airdrop. or neither.

Ah ok. Thanks for the heads up. I always thought they are required to pay taxes to the American government.

So, it’s only gains from investment made in Malaysia that is taxable then by the US government if the investor is American?

That bill collector is kopitiam’s greatest bullshitter. Don’t believe a word he says. His other dupe is Asquith and we all know how many lies /k caught that was posted by his dupe.

If his words can pakai, then I am the president of the United States.

Actually Americans get double taxation, they pay both US tax & the country they are working in tax.

Expats in Malaysia have to pay taxes in Malaysia. Their income is derived from a Malaysian source. A prequisite for renewing their employment pass is to file and clear all outstanding with LHDN.

Now in the case of bill...hmmm it is possible for him to pay taxes in Singapore , for example company taxes for his company registered and operating out of Singapore.

if hes operating out of Malaysia but deriving overseas income, say trading or exporting then yes he has to pay in Malaysia.

He could mean that lar..hahah. You ever wonder why he's back after such a long hiatus while another disappeared?

If u are Malaysia tax resident, gain from investment is either capital or business gain. If business gain then taxable under Malaysia.

But US and Malaysia doesn't have double taxation agreement, so US citizen has to pay tax for both side.

No wonder bullshit until so pannai

Hes paying company profit tax not personal income tax. Thats how I see it. No other way save he has a Singaporean citizenship.

SG corporate tax is 17% but i not sure got any other incentive in it.

To be SG tax residence u need to stay there for at least 183 days (same rule like Malaysia tax residence), or else they will tax at highest bracket IINM.

Just declare la

Just to be on the safe side

And i am Putin.

Lol. Bill collector only know how to talk cock. You really believe that he even invests? With his amateur response to country taxation laws on investment gains, I don’t think he has even ventured out from Ulu Kelang.

Who knows, maybe some truth here and there . My interest is the timing though. One alpha came back when another left. And iirc I actually recommended a VPN for Asquith to use in China and now bills back from there 😂 😂

Involve 2.6b of coz u have the resources to outsmart the system, this one less than 1 mil how u want to outsmart? U pay ppl money to cover the tracks oso gone already all the money

i thought najib already kena tax for that 2.6b?

our neighboring countries zero tax on crypto

u go guess which country and guess how to open

park ur money there

Ahhhhhhh. Ok

With offshore account, lhdn do enquire the source of fund.

However malaysia hv no jurisdiction in the earning from foreign country...

keyword is active trader.

kalau once a while maybe tak kena. but if slighty kerap but you bilis i dont think they waste their time cari you. but for peace of mind declare aja.

i think its net annual income.

But dont think can carry forward losses unless you register business. I think so lah, might be wrong.