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 Shopee sellers

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JimbeamofNRT
post Mar 14 2022, 09:13 AM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(coyouth @ Mar 13 2022, 07:45 PM)
Just very curious whether LHDN actually have a way to check on shopee sellers. Besides, every month got those special date sale which shopee says generate a few million/billion in sales. Just imagine the revenue from taxes there, can easily tapao normal PCB from general staff.
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bro

dont worry.

https://www.aseanbriefing.com/news/new-tax-...as-budget-2022/



Tax identification number


To broaden the tax base, the government will introduce a tax identification number (TIN) for taxpayers in 2022. The TIN will be automatically issued to every person and will become a requirement to be disclosed in all types of transaction documents.

Keyword:
- ALL type of transaction documents will require your TIN. That includes all bank transfers will require your TIN.
- Everyone will get a TIN. Technically that is everyone 18 years old and above.


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I think most likely the gomen will enforce this after GE15

JimbeamofNRT
post Mar 14 2022, 09:20 AM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(moiskyrie @ Mar 13 2022, 11:21 PM)
this plenty of business use this method to evade tax...
got 1 customer,
for each branch use different company, but shop name same....

also the developer at my area,
1 project 1 company,
but taukey all same....

got one very ccb punya developer...
each sales agent manage around 20 shell company...
and they dont want pay the debt own to my boss....
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they got shysters loyars to handle those stuff rclxm9.gif

This post has been edited by JimbeamofNRT: Mar 14 2022, 09:21 AM
JimbeamofNRT
post Mar 14 2022, 09:28 AM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(coyouth @ Mar 14 2022, 09:25 AM)
wow. seems more comprehensive than GST.
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Of course.LHDN got power to check everything that you own. where you income come from. how can your bank got rm2.6B from donation , and so on.

this, together with Digital Ringgit ( ala Digital Yuan ), well, you cant hide at all, anymore.

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China makes digital yuan transfers as easy as using a phone

Currency pilot program to launch in Suzhou as JD.com jumps on board

BEIJING -- China will expand trials of its digital yuan Friday evening with a feature letting individuals send money to each other by just touching their smartphones together, broadening use of the new currency beyond physical stores.

Up to 1,000 people in Suzhou will participate in a test of the new function -- which can be used even without an internet connection -- alongside a digital yuan "lottery" in the city. The goal is to make sending electronic money feel like having physical cash change hands. Huawei Technologies has rolled out phones that support the feature.

A successful test would bring China a step closer to its goal of a full-fledged launch by the time the Winter Olympics are held here in February 2022.

This post has been edited by JimbeamofNRT: Mar 14 2022, 09:30 AM

 

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