example of cashing out offshore?

Probably the local regulator (SC) will need local crypto exchange to file anyone who deposits and withdraw for the year 2019, 2020, so they have the trace record.
Then SC will send the report to LHDN.

You go IRB tell them you got big crypto income surely they will calculate for you

as far as i know, capital gain no tax. so thanks god im not trader.
hodler no need to worry.

Hodl for how long only consider capital gain

Hold since 2017 sure no problem.

Fuck so long

Small don't know, then go find bigger firm.

HODL to the moonnn!

Curious to know this as well. What's the minimum?

Is 30 days considered as capital gain? I wanna liquidate but I sked.

Doesn't look genuine to me.

I think its made by some gamer who's upset he can't afford a graphics card.

That's one of the reasons why I don't use Luno or any of the SEC approved crypto trading platforms.

I trade through Singapore where the tax is lower and at least the taxes paid isn't wasted on making another crony wealthier.

Mining? Catch me if you can.

Halu TNB
Halu Sarawak Energy
Halu Sabah Energy Corp
Halu Lembaga Letrik Negara

those who use luno to cash out will kena first

Malaysia no capital gain tax. If want to go through it, must pass parliament.
Helang will be the one who oppose first.
Capital gain = income from rental / sold property, stocks, investment, etc.

wait so you declare crypto profit in SG?

Tgk trend bitcoin dulu... downtrend = cash... uptrend = bitcoin

capital gain mana ada tax...

this could be miners...

every month ada income.

open a pvt ltd in singapore. sell your crypto and money masuk singapore company.

first $100,000 profit tax = 4.25%

$100,001 to 200,000 profit tax = 8.5%

around RM600,000 only max 8.5%.

in msia, first RM500,000 profit already 17%.

You forgot to add SPRM and PDRM to that list.

My reply would be :-

eh eh lama tak jumpa.

Hari ini nak buka puasa kat mana ya?


Yes as I have a company set up in Singapore for this purpose.

wow thanks

both same company?