Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!

Q: If I transfer back the profit made from share investment overseas, will it be subjected to tax in Malaysia?

A: If you can prove that this profit made is a capital gain, it would not be taxable in Malaysia. If this is a trading gain, it must have been subjected to tax overseas then the income remitted back to Malaysia on or before 31 December 2026 will be tax exempted in Malaysia.   

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

Subscribe To Our Newsletter To Get Weekly Dose of Tax Knowledge!

We respect your email privacy

Home     Useful Articles     About Us     Contact Us     Site Map

Copyright 2024    YYC HOLDINGS SDN BHD 201501018259 (1143591-H)    All rights reserved.

YYC New Logo White Text