if forex.. how about tax??.. different method or no tax?
Taxable income for individuals, businesses
Taxable income for individuals, businesses
|
|
Apr 2 2008, 02:12 PM
Return to original view | Post
#1
|
![]() ![]() ![]() ![]() ![]()
Senior Member
867 posts Joined: Jan 2003 From: So Near Yet So Far |
if forex.. how about tax??.. different method or no tax?
|
|
|
|
|
|
Apr 2 2008, 10:26 PM
Return to original view | Post
#2
|
![]() ![]() ![]() ![]() ![]()
Senior Member
867 posts Joined: Jan 2003 From: So Near Yet So Far |
|
|
|
Apr 4 2008, 04:49 PM
Return to original view | Post
#3
|
![]() ![]() ![]() ![]() ![]()
Senior Member
867 posts Joined: Jan 2003 From: So Near Yet So Far |
QUOTE(cherroy @ Apr 4 2008, 02:56 PM) Capital gain is tax exempted. So if you gain on forex by investment then it is considered capital gain. so if a person wiretransfer 1 million usd profit from forex trading into malaysia account bank.. he will not be tax for that??.. wow... seriously??i thought tax ppl want a slice of pie of it also... All income are considered taxable unless stated otherwise or one can prove the allowances are essential to carry out your job then only can be waived. This post has been edited by hitokiri_maniac: Apr 4 2008, 04:52 PM |
|
|
Apr 4 2008, 08:56 PM
Return to original view | Post
#4
|
![]() ![]() ![]() ![]() ![]()
Senior Member
867 posts Joined: Jan 2003 From: So Near Yet So Far |
QUOTE(cherroy @ Apr 4 2008, 05:35 PM) Inland revenue board will query why the person wire-transfer you in the first place. Not as simple as that. oo ic.. juz query only... i thought they will hold ur moneyy until they satisfy with ur answerrr... For capital gain, you need to keep properly your transaction documentation, slips, contract noted or any other documentation proof that show you are actually gain money through capital appreciation. |
| Change to: | 0.0218sec
0.73
6 queries
GZIP Disabled
Time is now: 19th December 2025 - 08:48 PM |