Never bet against quality US companies. Long live the US. Or if you want to precise, don't bet against QQQ.

I suggest diversification, not saying not to invest in US. You can do that, but not all eggs in one basket.

https://en.wikipedia.org/wiki/Bandwagon_effect

How does the unilateral method work? That means the government decide on itself how much not to tax?

This post has been edited by TOS: Dec 31 2021, 09:43 PM

What are you talking about? Keep it simple. Just open up a compounding calculator and key in all details. My duration have always been 10-20 years time. I counted with dividend even a 30 year timeline + my current salary, no way can reach a million. But with options, I can reach it in say 10 years if I am doing it consistently. Key here is consistently.


Bro, you should know by now I am not rich. If I am rich, I wouldn't have find creative ways to not pay the banks but simply give them free money.

As long as you buy quality companies, nothing to worry about. That's why my goal for 2022 is DCA in Adobe or Google once a month.

How do you think I build my portfolio? Careful investment for years and trading in my dividend stocks for high quality US stocks when I realised I am a fool for not buying quality us companies.

If I tell you I am currently earning half of RM10k, from my current salary, will you believed that? Anyway up to you to believe or not.

Actually wrong. Management is the one who make or break the companies. They don't have pricing power but market is the one who determine how much it's worth.

This post has been edited by Ramjade: Dec 31 2021, 09:52 PM

correct... the gov tries to be fair and not to penalize ppl unnecessarily...

So in the absence of a bilateral treaty, they apply I think same calculation as if there is a treaty...

https://phl.hasil.gov.my/pdf/pdfam/KM_HASiL..._PENDAPATAN.pdf

https://www.sinchew.com.my/20220311/%e7%a8%...be%81%e7%a8%8e/



This post has been edited by TOS: Mar 11 2022, 06:42 PM

https://www.sinchew.com.my/20220313/%e8%94%...94%b6%e5%85%a5/

More confusion. Typical malaysian policies.

So the foreign income tax is still jalan?

Never cancel at all.

foreign sourced foreign income... continue exemption

local sourced foreign income... always taxable but ppl continue evasion


This post has been edited by dwRK: Mar 14 2022, 01:59 PM

Hi Bro Ramjade..teach us what method u use for options consistently?

He detailed it here: https://forum.lowyat.net/index.php?showtopic=5204911

Ok, thanks bro..!

Oh rupanya there's a dedicated thread for this.

I'm guessing they are only delaying the tax till 2026 because they havent properly planned how to implement it

Even myself still blur and full of unanswered questions

TAX TREATMENT IN RELATION TO INCOME RECEIVED FROM ABROAD (AMENDMENT) Guidelines published.

https://www.hasil.gov.my/media/p0lntthw/202...d-amendment.pdf

Media release (in BM): https://www.hasil.gov.my/media/u2fegfo1/202...di-malaysia.pdf

Sinchew reports: https://www.sinchew.com.my/20221230/%e6%b5%...9d%a1%e4%bb%b6/

This post has been edited by TOS: Dec 30 2022, 07:57 PM

The amendment seems clear

Looks like companies have to be prepared to foreign income taxes come 2027👏

It is likely to continue despite having a new administration: https://www.sinchew.com.my/20230124/%e5%ae%...ba%a4%e6%b5%81/

Stupid zafool legacy.

Even if Zafool is not around it will bound to happened as Malaysia govt is desperate new source of taxes 🤦‍♀️ to pay the 1.5 trillion debt

Won’t be suprise if GST will come around come 2025