Jun 4 2008, 07:36 PM
QUOTE(cherroy @ Jun 4 2008, 04:34 PM)
First of all, I am not an accoutant nor tax auditor so my word could be wrong, but IRB never ever stated that 'gift' is non-taxable. So even you collect a Rm10 note by the roadside, it is considered as your INCOME which is taxable. 
I think gift below 50k malaysian ringgit not taxable cos last time i used to wire from UK to here each time less than 50k in malaysian ringgit and the bank say no need declare anything Anyway anyone here knows how to calculate tax for singapore dividend? my is very strange 55%
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