Hi,
I wanted to know whether i'll be taxed in Malaysia if I moved there after November 3 that means for the current year it would be less than 60 days Although I would be working in Malaysia for the next few years. If not, would I be taxed next year for current years earnings in case I am not taxed this year?
Regards,
Farooqui
Will i be taxed for current year if i move to Malaysia on 4th Nov
Farooqui84
30 April 2021 21:23:59
6
Jk1976
30 April 2021 22:20:08
73
Not sure about local taxation law, but in most countries you are taxable only for those months you've been s resident of that country. In other words, if you live in s country for two months, this being your fiscal residence, you pay taxes over those two months only.
Check with a local fiscal expert to be sure.
Farooqui84
01 May 2021 11:56:12
6
Thanks JK1976.
Can some one who is familiar with current local law help me out?
@cvco @gravita
Farooqui84
02 May 2021 10:13:12
6
As i read online regarding Malaysian tax details, if a person works for less than 60 days in a year, he is not liable to pay tax.
I want to confirm this only. That although in 2021, i will be there for less than 60 days but next year continuing from Jan to Dec i will be working for whole year. So would I be liable for tax for Nov-Dec 2021 period also?
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