TAX QUESTIONS? YOU ASK LAH!
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Q: I receive advertising revenue or view-based income from social media platforms such as YouTube, Facebook, and Instagram. Is this income taxable?
A: If you are a social media influencer, income derived from social media platforms for activities carry out in Malaysia, such as advertising revenue, view-based income, click income, or subscription income, is regarded as business income from carrying on influencer activities and is taxable in Malaysia under Section 4(a) of the Income Tax Act 1967.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru
