said i don't want to play the luck game but to declare it on my own so as to be able to sleep tight, still, i don't get the HOW to declare LOL

we hold multiple counters overseas, US ones, SG ones, or even more, these counters declare special dividends/interim dividends et al.,
US ones are taxed with WTH, so mean no need to declare to Malaysia? SG ones e.g. SG REITs are not taxed, means need declare in Malaysia?

The article sounds ridiculous on "it is found that income kept abroad originating from Malaysia has not been declared", are we all expected to be like professional tax consultants knowing up and down on how to declare?

it sounds even more ridiculous the HOW has not been finalized, they already can't wait to have this special programme so to get everyone to remit back ASAP, looks really awkwaredly desperate to me.

https://www.sinchew.com.my/20211215/2021%e8...bc%b4%e7%a8%8e/

Finance bill 2021 passed.

Deputy finance minister confirms that those who work in overseas like Singapore, if repatriate their income back to Malaysia, will need to pay tax in Malaysia.

No details given. I tried looking for news report on Google for the "past hour" and found nothing.

But should be the case for "employment income". No details on tax on dividends/interests etc.

Foreign pension fund savings like CPF repatriation still under consideration by MoF.

I beg to differ on ur first sentence. IRB would have a calculated knowledge on who are the entities who will be initiating remittances back to Msia on a regular basis,... as well as the size of the amts remitted in. They would have noticed quite a few things,... and decided they shld re-enact back the tax ruling that was practised prior to 1974,... I think,...

I think this regime : called Removal of The FSIE is targetted to produce a new source of income tax collection in this country. It has nothing to do with catching tax-evaders.

Catching tax-evaders is a day-in and say-out job for them.

money put in 401k is before tax lah... so early withdrawal kena tax is only fair

money in EPF is post tax... they won't double tax

problem is withdraw then put where?