Malaysian millennials give up on home ownership
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 Jan 19 2024, 11:22 AM
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#1
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Elite
2,036 posts Joined: Feb 2007 From: KL  
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QUOTE(M4A1 @ Jan 19 2024, 11:18 AM) ur hardwork sudah kena INCOME TAX Inheritance tax isnt a tax on you, its a tax on whoever receives the inheritance - its a tax on their income.so ur saving from ur hardwork kena tax lagi?   |
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Jan 19 2024, 12:27 PM
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#2
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Elite
2,036 posts Joined: Feb 2007 From: KL
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QUOTE(M4A1 @ Jan 19 2024, 11:29 AM) but the inheriance MONEY already kena tax from income tax what You might as well say the company which paid your salary has also paid taxes. said ur salary AFTER income tax is 800. so if u pass the 800 to your son.. the rm800 kena tax pulokkkk got it? Take the viewpoint of the recipient and youd see that its basically taxed at each level of recipient. This post has been edited by empyreal: Jan 19 2024, 12:30 PM |
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Jan 19 2024, 12:31 PM
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#3
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Elite
2,036 posts Joined: Feb 2007 From: KL
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QUOTE(M4A1 @ Jan 19 2024, 12:30 PM) corp tax is company ma So what tax does the recipient of your inheritance pay?not my hard earn salary ma we macai only care TAKE HOME PAY / SALARY aje |
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