Only income from trading are taxable. Those who bought earlier is consider capital gain i think.

But how LHDN knows ?

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.

That’s bullshit bro. Unless you are a citizen in Singapore, you pay taxes in your home country. Even if you trade in Singapore, you need to declare taxes Malaysia.

Just like an American expat working in KL who pays taxes to the American government and not to Malaysia.

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.

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