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tax for oversea trading /dividend, its become more complicated
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elea88
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Dec 9 2021, 04:09 PM
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QUOTE(Ramjade @ Dec 9 2021, 11:29 AM) https://drive.google.com/file/d/1c0rWG2PHbr...Ep4cnKNT9zuAa2gTOS, Hansel, prophetjul, tadashi987, elea88Govt goint to get access to bank account without notifying us before hand from my understanding. yes they already accessed mine in year 2017. took me one year to submit all documents.
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elea88
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Dec 14 2021, 12:24 PM
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QUOTE(Hansel @ Dec 10 2021, 11:09 PM) So long as Msia does not adopt the Residential Taxation System, it is fine, meaning, we shld not be taxed if we don't remit back anything. Them Knowing what we have overseas is no big deal if we are clean in our holdings and what we have have been earned in the right way. even if clean in holdings .. its a lot a lot alot....of paper work to justify xxxxxx amount for a certain year. unless like my friend portfolio year 2000 start invest with 3 banks.. reach 2021 also the 3 banks then easy to justify. but i like open one long street ac. take me almost 1 year to get clearance... so i also dunno moving forward how..
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elea88
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Dec 16 2021, 12:15 AM
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QUOTE(TOS @ Dec 15 2021, 10:40 PM) Even if put money in overseas, AEOI will ensure exchange of bank accounts information. So if they can know your foreign assets, there is no reason they can't know your own onshore assets.  Anyway, I will put less money in Malaysia, privacy reasons plus lack of investible assets. Hansel Can I hide my money in shares/brokerage accounts? I know they can check your money in foreign banks, but what if I hide them in my shares/bonds? Does the AEOI apply to brokers? this one i can loudly answer a big YES!
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elea88
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Dec 16 2021, 12:18 AM
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QUOTE(ryan18 @ Dec 16 2021, 12:06 AM) You cannot hide AEOI applies to all financial institutions including broker firms.I need to fill in the AEOI form from my Australian and SGX broker What is AEOI form?
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elea88
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Dec 30 2021, 10:21 PM
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QUOTE(prophetjul @ Dec 22 2021, 09:11 AM) My next bet on new tax income streams will be tax on EPF withdrawals above certain quantum. A bit like the US tax on 401k withdrawals. Imagine the millions involved with withdrawals. Makes me think really hard whether i should start to initiate withdrawing my savings there. problem is withdraw then put where?
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elea88
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Dec 30 2021, 10:23 PM
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QUOTE(mikhailcbh @ Dec 30 2021, 08:01 PM) thank you for Info.. so many ppl must've transfer $ back till CIMB SG also KAPUT..!!! https://www.asiaone.com/singapore/i-dont-kn...banking-service
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elea88
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Dec 31 2021, 03:03 PM
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QUOTE(Ramjade @ Dec 31 2021, 02:38 PM) It shows one thing. CimB sg rates are good until too many people use it to do last minute transfer until it crash! yes rates is good.. also easy to transfer. Immediate!!
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