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Chat Gov hunt coinminers, LHDN

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bluetomato
post Apr 20 2021, 10:39 AM

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Joined: Jul 2015
The profits made by individuals who occasionally trade cryptocurrencies or shares may be viewed as capital gains, which is not taxable in Malaysia. But the profits earned by individuals who trade frequently may be viewed as revenue and thus, deemed as taxable income.

https://www.theedgemarkets.com/article/thew...20in%20Malaysia.


On topic : Government need moolah okay biggrin.gif if you slowly cash out or at very low intervals (once a month) then u can claim you doing it for hobby and not get taxed? Since apparently they want to clamp down based on frequency of use.

 

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