TAX QUESTIONS? YOU ASK LAH!

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Q: If a Malaysian company receives interest income from overseas bank which is then remitted back to Malaysia, is this interest income subject to tax in Malaysia?

A: Yes, this interest income is a foreign sourced income and will be subjected to tax in Malaysia when being remitted back to Malaysia.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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