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 Anyone Declaring Crypto on LHDN

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doraemonkiller
post May 19 2021, 04:36 PM

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Been paying total 6 digits to LHDN for the past 3 years for my crypto trading.
As long as the trading is your active income then the profits is taxable. NOTE: Capital gain is not taxable so as long as you did not convert crypto to fiat money for profits, it is still not consider profit because you still facing risk like exchange hacked, price drop, and others.
If you trade full time, remember record down how much money u invest in crypto. Check how much positive cash flow after you convert to fiat at the end of year.

This post has been edited by doraemonkiller: May 19 2021, 04:39 PM
doraemonkiller
post May 27 2021, 12:45 PM

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QUOTE(ycktech @ May 20 2021, 08:51 AM)
SO you are filing form B right?
*
yes

 

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