zeusu,

Need more details:

1) Tax from which country?? USA or Malaysia?/

2) Where are your stock brokerage A/C?? USA, Malaysia, Singapore??

3) Are you a resident or non-resident of USA??

4) Are you transferring the to a Malaysian or non-Malaysian resident??

Depending on your answer from (1) to (4), the answer will be different.

Dreamer

zeusu,
http://invest-faq.com/cbc/tax-non-us-nat.html

I think this URL answered ALL your questions about USA tax.

But, you DO NOT UNDERSTAND about whether you are TAXABLE by Malaysia income tax.

<<4) non-Malaysian resident, but Malaysian resident in Middle East.>>

Malaysian tax system is based on WHEN you bring the money into Malaysia. It is NOT when you earn. Plus, it is based on WHO you remit the MONEY to. If you REMIT the money to a Malaysian TAX Resident, it is non-taxable. Or else, it is taxable.

Dreamer

zeusu,

<<he transfers back to me,>>

1) I do not know in Malaysia whether a gift is taxable.

2) Just remit the money to yourself when ever that you are in Malaysia more than 180 days for a calendar year. For that year, you are a Malaysian Tax Resident.

3) If you are married and your wife is in Malaysia, remit to your wife.

Dreamer

P.S.: Tax law change regularly. So, to be safe, talk to an accountant. I could be wrong.

"Trust but verify".

This post has been edited by dreamer101: Jun 4 2008, 04:30 PM