QUOTE(Wedchar2912 @ Nov 12 2025, 11:56 PM)
Thanks for the reminder...
luckily the gov extended the implementation to 2036... so we don't have to bother about this (individual taxpayers only) for a while....
plus, who knows what will happen during these 10 years... ie gov changes???
https://theedgemalaysia.com/node/730798
"The government has extended the exemption from individual income tax for foreign-sourced income for 10 years until Dec 31, 2036, as part of a slew of income tax exemptions and reliefs for individuals, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced in his Budget 2025 speech on Friday"
The extension was done by Tengku Zafrul, if not mistaken. Wonder this type of extension can suddenly be claw back, though I have no intention to move back the money, will only rely the local currency for local spending and foreign currencies for travel and hedging purposes.luckily the gov extended the implementation to 2036... so we don't have to bother about this (individual taxpayers only) for a while....
plus, who knows what will happen during these 10 years... ie gov changes???
https://theedgemalaysia.com/node/730798
"The government has extended the exemption from individual income tax for foreign-sourced income for 10 years until Dec 31, 2036, as part of a slew of income tax exemptions and reliefs for individuals, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced in his Budget 2025 speech on Friday"
Nov 14 2025, 08:23 AM

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